No such thing as a perfect vendor in the OMS market; Aite-Novarica Group profiles 17 Vendor Solutions in Latest Aite Matrix
In the order management system (OMS) space, change comes in waves, and the asset management industry is unlikely to look the same in 10 years. Cost pressures and advances in technology have pushed firms to innovate in areas such as automation, artificial intelligence (AI), and cloud deployment, as new features and workflows help manage business growth or a reduction in human resources.
In a new Impact Report, Aite Matrix: Buy-Side OMS Market 2022, research and advisory firm Aite-Novarica Group leverages the Aite Matrix, a proprietary Aite-Novarica Group vendor assessment framework, to evaluate the overall competitive position of 13 vendors, focusing on vendor stability, client strength, product features, and client services. These 13 vendors are Bloomberg, Broadridge, Charles River Development, Enfusion, FIS, Indata, Limina, Linedata, Refinitiv, S&P Global Market Intelligence, SimCorp, SS&C Advent Moxy, and SS&C Eze. This report also profiles BlackRock, Rebar Systems, Ridgeline, and TORA Trading.
“Conducting detailed requirements analyses is very important before deciding on a vendor partner,” said Paul Sinthunont, Strategic Advisor at Aite-Novarica Group. “It’s even more important to go through the requirements exercise every year to ensure that the goals of the firm align with the overall product roadmap of the OMS vendor partner. Since a single vendor cannot possibly provide everything that a client may need, buyers should look for vendors that have taken a more ecosystem approach to their overall development, ensuring added flexibility moving forward.”
About Aite-Novarica Group:
Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, strategy, and operations to hundreds of banks, insurers, payments providers, and investment firms—as well as the technology and service providers that support them. Comprising former senior technology, strategy, and operations executives as well as experienced researchers and consultants, our experts provide actionable advice to our client base, leveraging deep insights developed via our extensive network of clients and other industry contacts. Visit us on the web and connect with us on Twitter and LinkedIn.