Compass

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Overview

TORA Compass is a cloud-based Order and Execution Management System (OEMS) utilised by hundreds of the world’s leading asset managers. Connecting to hundreds of brokers globally, Compass provides advanced multi-asset trading tools including pairs trading, TCA and compliance reporting. Compass was designed as a unified OEMS for robust and efficient workflows. Compass contains a broad range of tools to help asset managers with MiFID II.

TORA is the leading provider of advanced investment management technologies supporting the full trading lifecycle. With a full suite of SaaS-delivered execution, analytics and compliance tools, as well as order, portfolio and risk management capabilities, TORA's OEMS is relied on by hundreds of the industry's leading hedge funds, asset managers, proprietary trading firms and sell-side trading desks to achieve best execution globally. Founded in 2004 and headquartered in San Francisco, TORA has over 250 employees across offices in Cluj-Napoca, Hong Kong, Jersey, San Francisco, Singapore, Sydney and Tokyo. More information is available at www.tora.com.

Key Features

TORA Compass

  • Integrated OEMS platform
  • Global broker, venue and algo access
  • Multi-asset coverage
  • Full support for trading swaps and CFDs
  • User-interfaces offer unmatched flexibility to suit trading work flows
  • Integrated compliance checks
  • Pre-trade, intraday and post-trade TCA in blotters, order input screens and end-of-day reports
  • Powerful reporting framework
  • Integrations with prime brokers, fund admins and dozens of third party platform providers
  • Position-based orders and rebalancing
  • Customize global trading day start and stop times
  • Allocations and commission management
  • Allocations engine with smart defaults to improve data integrity
  • Position-based orders and rebalancing
  • Breakthrough eLocate and stock borrow management tools
  • Intuitive order management capabilities for individual or multiple parent/child, pairs, and basket orders
  • Intraday position management and real-time P&L
  • Seamless integration with the TORA Prism and the TORA Ticketing products

Product/Service details

SOLUTION TYPE
Buy-side Execution Management Systems (EMS), Buy-side Order Execution Management Systems (OEMS), Buy-side Order Management Systems (OMS), Dealer Boards / Turrets, Derivatives Trading Software, Fixed Income Trading Software, Futures Trading Software, FX Trading Software, Market Making Systems, Options Trading Software, Pairs & Arbitrage Trading Software, Pre-Trade Analytics Software, Sell-side Execution Management Systems (SSEMS), Sell-side Order Execution Management Systems (SSOEMS), Sell-side Order Management Systems (SSOMS), Smart Order Routing Systems (SOR), Spread Trading Software, Trading Software, Trading Strategy Server / Algorithmic CEP Systems, Transaction Cost Analysis Systems (TCA)
User Suitability (Capital Markets & Investment Mgmt)
Asset Managers, Trading firms, Wealth Managers
Geographic Availability
Africa, Asia-Pacific, Europe, Middle East, North America, South America
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