Eze Castle Integration Survey Finds Top Technology Choices

A survey by alternative manager cloud provider Eze Castle Integration revealed the top technology choices for the front, middle and back office of buy-side firms.
By Jake Safane(2147484770)
A survey by alternative manager cloud provider Eze Castle Integration revealed the top technology choices for the front, middle and back office of buy-side firms.

The survey, 2013 Global Technology Benchmark Study, collected data from 538 firms located in the U.S., U.K. and Asia, and this is third year the company conducted the study.

The survey found that the top order management systems/execution management systems (OMS/EMS) stayed the same as 2012, with Eze Software Group’s Eze OMS (unaffiliated with Eze Castle Integration) being the first choice. Eze OMS was followed by Bloomberg’s Asset and Investment Manager (AIM) and Advent’s Moxy.

For portfolio accounting, Advent APX and Advent Geneva are the most popular, with 54% of respondents saying they used an Advent solution. The next most popular choice for portfolio accounting was using an in-house/proprietary system, followed by SunGard VPM and Linedata systems.

For market data and analytics, Bloomberg led the way with 92% saying they use Bloomberg’s platform for market data and 82% using it for analytics.

The survey also found that the majority of firms are not using a formal risk management system, and many are outsourcing risk to an administrator. The most popular choice for a system is an in-house/proprietary one, followed by using Advent.

On the fund administration side, firms use a wide range, but the most popular is Citco, with 25% of respondents saying they use the company, followed by SS&C GlobeOp and Goldman Sachs.

For message archiving, 82% said they use Global Relay, and the survey determined that there is more focus on archiving social media interactions.

Lastly, the survey found that 92% of respondents use BlackBerry mobile devices, but this dropped slightly from 95% in 2012. Meanwhile, Apple is gaining a stronger foothold, with 42% using the devices (more than choice was allowed in the survey), up from the 30% usage rate last year and up from 10% percent in 2011.

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