Directory · Front office and trading
Order management
58 products carry this category. Categories are tags, so several of these also appear elsewhere.
What is meant by Order management?
An order management system holds the firm's intended trades and the record of what happened to them. It takes a portfolio manager's decision, turns it into orders against specific accounts, checks them against the firm's rules, releases them for execution, and records the fills that come back so that positions and cash stay correct.
Who uses Order management?
Portfolio managers and the trading desk, with operations relying on what it records.
What gets confused with Order management?
An execution management system. The order management system is the system of record for what the firm meant to do and what it now owns; the execution management system is the tool for working an order in the market. Firms trading a few liquid instruments a day often need only the first. Firms trading actively in fragmented markets usually run both, or one platform covering both.
What should you ask a vendor about Order management?
Ask what happens to a partially filled order overnight, and how an allocation across twenty accounts is booked. Those two answers separate systems quickly.
This definition is Buyside Fintech’s own editorial work, not a vendor’s. The products listed below carry the sources we read.
Order management products
58 PRODUCTS
Adroit EOMSAdroit Trading TechnologiesAPI-first execution and order management built for OTC-heavy buy-side desks trading fixed income, currency and derivatives.AllvueAllvue SystemsFront-to-back suite for private equity, private credit and CLO managers, spanning portfolio management, trade order management, fund accounting and investor portals.Allvue Trade Order ManagementAllvue SystemsOrder management inside an alternatives-focused platform, aimed at credit, private equity and fund managers rather than long-only equity desks.ALTO InvestmentAmundi TechnologyA front-to-back platform for asset managers and asset owners covering portfolio construction and analysis, order management and execution, embedded investment guidelines and pre- and post-trade controls, market and liquidity risk, instrument and benchmark data, and operations through to corporate actions, reconciliations and NAV control.Limina IMSArcesiumCloud-native portfolio and order management that runs compliance checks at order creation with breach approval workflows; Limina became part of Arcesium in February 2026.AladdinBlackRockEnterprise risk, portfolio management and trading platform used across asset managers, pensions and insurers.Bloomberg AIMBloombergBuy-side order and portfolio management suite built around the Bloomberg terminal data and analytics stack.Bloomberg EMSXBloombergBloomberg's multi-asset EMS, branded EMSX for equities, FXEM for FX and TSOX for fixed income, derivatives and futures.Broadridge Trade Order ManagementBroadridge Financial SolutionsMulti-asset order management that the vendor positions as spanning both public and private strategies.Charles River Compliance and RegulatoryCharles River DevelopmentRules-based compliance module inside Charles River IMS that tests trades pre-trade and monitors mandates through the investment lifecycle.Charles River Data PlatformCharles River DevelopmentCloud data warehouse plus AI-assisted enterprise data management that feeds front, middle and back office; part of the State Street Alpha platform.Charles River IMS (Charles River Trader OEMS)Charles River DevelopmentMulti-asset order and execution management inside a front-office investment platform; the vendor says about 300 investment managers in 30 countries trade on it.Charles River Order and Execution Management System (OEMS)Charles River DevelopmentCombined order and execution management across equities, fixed income, FX and OTC derivatives, with broker wheel and TCA.Enfusion by ClearwaterClearwater AnalyticsUnified cloud PMS and OEMS for portfolio construction, execution and trade processing; enfusion.com now redirects to cwan.com after the acquisition.CoinRoutesCoinRoutesDigital-asset trading platform for asset managers and hedge funds combining execution algorithms and smart order routing across exchanges with order management, TCA and risk monitoring.Clarion PMSCoremontCloud-based portfolio management software with live pricing, real-time P&L and risk, derivatives analytics and an integrated order management system across rates, fixed income, credit, FX, equities and commodities.ElwoodElwood TechnologiesModular digital asset OEMS covering execution, portfolio, risk, collateral and reconciliation for professional institutions.PM1Expersoft Systems AGPortfolio management platform for wealth and asset managers and family offices handling portfolio and order management, compliance, rebalancing and position aggregation from bank interfaces.LBX PMSFactSetCloud OMS, EMS and portfolio management suite for hedge funds and asset managers, sold with a managed FIX network; LiquidityBook is now a FactSet company.FlexONE OEMSFlexTrade SystemsBuy-side order and execution management system, part of a wider Flex trading suite covering fixed income, FX, futures and options.HedgeGuardHedgeGuardCombined PMS, OMS, risk and reconciliation for hedge funds, handling traditional and digital assets on one book of record.IMTCIMTCFixed income portfolio management platform whose order management module is a trade blotter connected to ECNs, dealers and third-party OMS and EMS platforms.INDATA iPMINDATAInvestment management software covering portfolio management, trading, accounting and compliance checks for asset managers.InfoReach TMSInfoReachIndependent broker-neutral multi-asset order and execution system with its own algos plus 60+ third-party algo providers.PerformInvestortoolsFixed income portfolio management with compliance rules natively wired into trading, so recommended trades are screened before they are placed.LatentZero Compliance SaaSION GroupThe compliance product in ION's LatentZero asset management suite, sold alongside LatentZero OMS and EMS; the vendor page gives little functional detail.LatentZero OMSION GroupHigh-volume buy-side order management, sold with a companion LatentZero EMS workstation onto the Fidessa broker network.Limina IMSLiminaCloud-native investment management system whose order management sits alongside portfolio management, compliance and operations; Arcesium announced the acquisition on 2 February 2026.Linedata Longview OMSLinedataMulti-asset trade order management for asset and wealth managers, with access to more than 700 liquidity destinations.LBX Buy-SideLiquidityBookCloud-native buy-side order and execution management with FIX connectivity, now owned by FactSet.LiquidityBook OMS (FactSet Order Management Solution)LiquidityBookCloud-delivered order management platform for hedge funds and other buy-side firms, now sold by FactSet.AlphaDeskLSEGCloud-based, multi-asset OMS and portfolio management system aimed at hedge funds and smaller buy-side desks.REDI EMSLSEGBroker-neutral EMS for equities, futures and options with access to 650+ brokers through Autex Trade Route.TORALSEGMulti-asset OEMS for institutional execution workflows, sold alongside and integrated with AlphaDesk.MX.3 for Collateral ManagementMurexModule of the MX.3 platform running variation and initial margin through settlement, with cheapest-to-deliver collateral allocation and a real-time global inventory.Nirvana ONENirvana SolutionsIntegrated trading, portfolio management, accounting and analytics on one codebase for hedge funds, asset managers and family offices.Nirvāna OEMSNirvana SolutionsMulti-asset order and execution management with 150+ connected brokers, sold to hedge funds, asset managers and family offices.OrchestradeOrchestrade Financial SystemsNatively cross-asset front-to-back platform combining trading, real-time risk, trade lifecycle and an integrated general ledger.Pinnakl POEMSPinnaklA front-to-back trading and portfolio management system for hedge funds covering global equities, fixed income and derivatives, with FIX connectivity to brokers, pre- and post-trade compliance, and feeds from custodians, primes and fund administrators.Quod Execution Management SystemQuod FinancialMulti-asset EMS with smart order routing and algorithmic execution across 80+ venues, including digital assets.Quod Financial OMSQuod FinancialMulti-asset order management with configurable pre-trade risk and compliance, sold to both asset managers and brokers.RidgelineRidgelineCloud platform with order management, electronic trading, compliance, accounting and client reporting in one system; recently rebranded from ridgelineapps.com to ridgeline.ai.Ridgeline ComplianceRidgelineCloud-native investment platform whose compliance module enforces investment guidelines with automated pre- and post-trade checks, alerts and reviews.thinkFolioS&P GlobalNamed repeatedly as a mainstream investment compliance and order management platform; the old IHS Markit product URL redirects to spglobal.com, which blocked fetching, so no capability detail was confirmed.SimCorp OneSimCorpFront-to-back investment management platform used by large institutional managers, insurers and pensions.Eze EclipseSS&C TechnologiesDescribed by SS&C as a cloud-native, front-to-back hedge fund investment system.Eze EMSSS&C TechnologiesMulti-broker EMS for equities, futures and options, formerly sold as RealTick, with algo wheel and smart order routing.Eze OEMSSS&C TechnologiesOrder and execution management with a rules engine and templates for lifecycle compliance checks plus full trade and compliance audit history.MoxySS&C TechnologiesTrade order management system covering portfolio modelling, trade creation, execution, allocation and settlement for hedge funds and investment managers.Charles River IMSState StreetSingle platform covering portfolio management, order and execution management, compliance, post-trade operations and investment accounting; the core technology of State Street Alpha.Charles River Portfolio Management and Risk AnalyticsState StreetRisk analytics built into the Charles River front-office platform, now sold as part of State Street Alpha.Talos platformTalosInstitutional digital-asset trading platform offering FIX, REST and WebSocket connectivity to many crypto liquidity providers through one interface; raised a 40 million dollar Series A from a16z, PayPal and Fidelity.AxeTradingTrading TechnologiesFixed income execution management for treasuries, credit, government bonds and swaps; now owned by Trading Technologies.TT platformTrading TechnologiesMulti-asset trade lifecycle platform for futures and options, fixed income, FX and crypto with algos, OMS, TCA and surveillance.TRAFiX Multi-Asset OEMS and FIX ConnectivityTRAFiXHosted multi-asset OEMS sold with FIX connectivity and normalization services to clearing firms and execution venues, built without legacy code.SafariTrussEdgeOrder management plus portfolio accounting covering execution, settlement and accounting with a consolidated reconciled position and cash view; the vendor also publishes shadow NAV material.TradeSmart EMSTS ImagineAll-asset-class EMS created by combining TradingScreen and Imagine Software; product name may have changed since 2022.WydenWydenEnd-to-end OEMS for institutional digital assets with smart order routing across 65+ exchanges, brokers and OTC desks, plus treasury and reconciliation.