Broadridge rethinks the OMS
Eiichiro Yanagawa, senior analyst for financial services at research firm Celent, says interoperability is a key technology for system modernization as market participants work to optimize the overall trade lifecycle. “Seamless API connectivity and interoperability between different modules is an opportunity to explore new trading alphas. We highly appreciate this initiative,” he says.
A typical use case for interoperability would be establishing seamless connections between different front-office systems to back-office processes and middle-office control functions.
“Increasing interoperability is an important initiative for technology companies that provide integrated solutions at the front, middle, and back offices. It is expected that integration layers, middle layers, and other solutions that help end-to-end architectural innovation will evolve in the future,” Yanagawa says.