Martin Currie rolls out LatentZero's Minerva OMS
Martin Currie, the Edinburgh-based specialist investment manager with around £8.1 (US$15.5) billion under management, has successfully completed the implementation of LatentZero's order management system (OMS), Minerva.
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The Minerva OMS will easily integrate with Martin Currie's existing systems, most notably Sentinel, LatentZero's compliance solution. By having two LatentZero products working together in real-time, Martin Currie will be able to take advantage of faster STP and more effective pre and post-trade compliance.
Minerva provides direct access and algorithmic trading using the FIX protocol. It offers a range of benefits including 24x7 cross-asset order management and trading capabilities, and real-time market data integration on trading blotters.
In addition to Minerva and Sentinel, Martin Currie will soon begin implementing Tesseract, LatentZero's portfolio management and decision support tool. These three products make up Capstone, LatentZero's complete front-office suite.
"We set out to find the best pieces of software for our front office. However after a rigorous assessment process, we found that one vendor could provide the right solution in every area of need," explains Grant Suttie, technical programme manager at Martin Currie. "The implementations of first Sentinel and now Minerva have reinforced our decision. The Minerva roll-out has gone very smoothly with zero-downtime and this has created a confidence in the system. The LatentZero team has been on hand throughout and its experts were able to guide us from a business perspective. Furthermore, we have had a great reaction from users who have given very positive feedback."