When order management systems first started cropping up in the 1990s their main goal was connecting buy-side firms to their brokers electronically. Paperless trading and reducing manual errors sounds like a pretty basic concept. It was the start of something big. Once those first automated connections in were in place, there were suddenly a lot more possibilities of new tools and functions that could make the process easier, better, more seamless. Flash forward about 25 years and the new features and tools keep coming.
Click here to see how some of the top vendors have re-imagined this concept.
