Front Office

Trade Order Management Expertise & Consulting

Most firms now use commercial trading systems, known as an OMS (Order Management System), EMS (Execution Management System) or the ambitious IMS (Investment Management System). And yet, most Traders and PMs are dissatisfied using them. If you are a Trader or someone who supports Trading, you’ve heard the litany of complaints, and probably added a few of your own.

If your firm is considering a custom solution, IMP can help with the critical components:

1) Requirements: We can help get accurate requirements by providing industry experts who understand your firm’s investment strategies;

2) Development: Our expert, Agile-trained developers can supplement your team to keep your project on-track.

3) QA: Our team has hands-on experience in developing the Agile-based approach and deploying the disciplined QA your firm will need to ensure a successful product.

Consultants With Hands-on Expertise in Market-Leading Trade Order Management Systems

If you are thinking about purchasing, upgrading or converting your trading system, you know there are a lot of factors you need to consider. Contact IMP to access domain expertise in your specific system. Our consultants have backgrounds ranging from Portfolio Managers and Compliance Officers for Fortune 100 investment firms to Implementation Managers, Product Managers and Software Engineers from the world's leading OMS & Compliance software providers.

IMP's Core Elements of Quality & VALUE

  • We fully understand the rationale for why your firm needs to implement a system. If your firm wants to upgrade, we ensure we understand what your stakeholders expect from the upgrade so we can communicate the challenges and risks before embarking on a project.

  • We explain any challenges and best-of-breed solutions. At IMP, we know from our extensive experience that all 3rd party vendor platforms have their strengths and weaknesses. We help ensure the best fit for your firm by sharing our knowledge on best-in-class solutions to meet your goals. 

  • We are experts in project scoping.  IMP has performed system selections, implementations and upgrades for dozens of firms throughout our 15-year history. We can help your team accurately scope the time, expertise and experience needed to bring your project in on time, and on-budget.

  • We provide expertise wherever you need it. Our consultants can supplement your project team in whatever capacity you may need. IMP has developers, certified business analysts, project managers, compliance analysts and front-office specialists who can provide insight and help lead the project in the right direction. At IMP, we take the same advisory approach, no matter what our role, to ensure that every project is a success.

  • We involve the end users from the beginning as stakeholders in the success of the implementation. When the end users are not involved in requirements and design, they rarely accept the solution. We work diligently to include key end users as part of the project - from requirements gathering to the user acceptance testing (UAT) and ensure a smooth roll-out to production.

IMP's consultants have hands-on experience in the following market-leading trade order management systems:

  • Bloomberg® AIM

  • BlackRock Solutions Aladdin®

  • Black Mountain Systems®

  • Charles River Development® (CRD)

  • Fidessa®/Latent Zero Tesseract and Minerva

  • Linedata® LongView Trading

  • And more…

Want to learn more?