TradingScreen launches sell-side order management system in Brazil

Source: TradingScreen

TradingScreen Inc. (TradingScreen), the leading independent provider of liquidity, trading and investment technology via SaaS, today announced the launch of TradePlus, its order management system (OMS) for the sell side in Brazil.

TradePlus, which will be available globally later this month, integrates all trading infrastructure required by broker dealers through a no-install Software-as-a-Service model.

TradingScreen's TradePlus clients will benefit from an exchange co-located in a local datacenter and an office in Brazil, which ensures low-latency and the industry leading follow-the-sun support that TradingScreen is known for. TradePlus has seamless integration into the world's leading execution management system (EMS) for the buy side, TradingScreen's TradeSmart, ensuring a new level of communication between brokers and their clients.

"Sell-side firms looking to buy an OMS face significant challenges when trying to find a system that will integrate with their buy-side customers," said TradingScreen CEO Philippe Buhannic. "TradingScreen's TradePlus provides a significant advantage, because there is integration between both sides right out of the box."

TradePlus covers the entire workflow from liquidity management, order management, book passing, warehousing, sophisticated trading tools, an algo development environment, allocation management and supports a full integration to local back office and middle office systems while leveraging the TradeNet network distribution capability.

"TradePlus offers an innovative set of hosted exchange links and risk and compliance features that insure a new level of control in a high-volume trading environment. TradePlus also provides a highly sophisticated and efficient method for trading the Brazilian equity and listed derivatives markets, while allowing brokers to give their clients the best EMS in the market," said Jose Barrera, Director of TradingScreen's Sao Paulo office. "TradingScreen has the largest number of deployed EMS screens globally, and a deep understanding of the market in Brazil. With this foundation beneath it, TradePlus is the right product at the right place and the right time."

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