Order management systems are the new, new thing in the US securities industry, as it grapples with cost reductions and straight-through processing. Or so say Celent Communications in a new report entitled, “Sell-side OMS Market in the US: Changing of the Guards.”
“We are seeing a rebirth of the OMS market in the U.S. as firms continue to look for ways to increase automation and operational efficiency,” says Celent analyst Sang Lee, the author of the report. “This is very much a buyer’s market, as new entrants are looking for opportunities. We expect a major shake-up in the status quo of the OMS technology market in the next few years.”
A companion report evaluating the leading OMS vendors will soon follow the publication of this report. In the meantime, a Table of Contents is available online at the Celent web site.