When James Jampel founded HITE Asset Management in 2004 with $1 million in start-up capital, tinkering with back-office systems and processes wasn’t exactly at the top of his to-do list. Jampel and the employees who later joined HITE wanted to focus on one thing: investing. It’s fitting, then, that a decade later HITE has become… Read More >>
A New Warrior in the FIX-for-Post-Trade Crusade
Meet Alpha Omega Financial Systems, a new warrior in the FIX-for-post-trade crusade. The San Francisco-based startup is driven by the belief that the FIX protocol will eliminate manual systems and deliver new efficiencies to operations. The company argues that firms can cut their post-trade costs for equity transactions by 30% if they extend their FIX-based… Read More >>
OMS, PMS Vendors Chase Middle- and Back-Office Opportunities
Order and portfolio management software providers are extending the reach of their offerings with features that address market challenges such as separately managed accounts (SMAs), middle and back office operations, and regulatory reporting requirements. Providers of order and portfolio management system (OMS and PMS) software are quickly moving to expand their offerings beyond the traditional… Read More >>
