Buy side spends big on OMS/EMS, says Greenwich Associates

​​​​​​​Nearly a quarter of buy-side firms’ technology budgets go on accessing these tools, survey finds

Chaos Order
Best execution: requirements have forced buy-side market participants to up their OMS/EMS usage

Nearly a quarter of buy-side market participants’ technology budgets is spent on accessing order- and execution-management systems (OMS/EMS), as post-crisis regulatory changes in the US and the introduction of the second Markets in Financial Instruments Directive (Mifid II) in Europe made these tools indispensable, says consultancy Greenwich Associates.

The survey of more than 200 buy-side market participants around the globe, who trade equity, fixed-income and foreign exchange, was conducted

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