Forbes Covers TradingScreen’s Cloud-Based Order Management, Risk & Compliance
Adding to the recent great coverage which ran last week, TradingScreen CEO Philippe Buhannic was profiled in Forbes by contributor Tom Groenfeldt, discussing how it provides its comprehensive front-office to Linear Investments, covering order management, execution management, risk, and compliance.
“TradingScreen CEO Philippe Buhannic, said the cloud system can be operational in a day, compared to six to 18 months for similar functionality installed at a client site. TradingScreen has built EMS, OMS and portfolio management along with compliance and risk management, all in a single system, all developed in-house, he added.
“‘The other offerings are built through acquisitions which have a different code base; it is fairly innovative for us to build all this into one single system.’
“‘Persuading buy-side firms that a cloud-based front office system is the best way to go has been difficult at times,’ he added.
“’What helped is we have been doing this for a long time, 14 years, and before that at Credit Suisse,’ he explained. The company operates data centers around the world so it can meet the demanding requirements for pre-trade compliance, he added. It has four data centers in North American, three in London and one each in Sao Paolo, Singapore, Hong Kong and Tokyo.”
Click on the link to read the article in its entirety: TradingScreen Runs Order Management, Risk And Compliance In The Cloud.