QUO offers web-based sell-side distribution solution

By Robin Amlot

QUO from TradingScreen (TS), the all-asset class execution and order management system, has launched a new web solution for the Private Bank and Wealth Management divisions of sell-side institutions to distribute to their buy-side clients. A cloud based high-touch execution management system, the web application is a workflow solution and trading platform now available to banks and brokers.

Initially launched in 2019 for the buy-side wealth management community, QUO’s expansion into the sell-side recognises sell side demand for superior technology and connectivity. Sell-side firms can now white-label and distribute the QUO platform as a privately branded online trading platform in less than three months from initiation. QUO merges data, all asset class positions, pre-trade checks, P&L, and referential positions with an execution management system.

Will Lawton, Head of QUO, said: “Following the success of QUO with our primary wealth management client base, we have enhanced the QUO offering, expanding it to the private banking and wealth management divisions of sell-side institutions to help them service their end clients. With greater market demand for automation and connectivity, QUO can be utilised by not only our clients but their clients – allowing for greater digitalisation across the board.”

To date, over 65 QUO clients have already gone live with the white-labeled system. The sell-side launch follows the success of TradingScreen’s all-asset class execution and order management system, TradeSmart.

QUO is a cloud-based software-as-a-service platform that allows investment managers to manage portfolios and the entire life cycle of trades in an integrated and compliant solution. It offers a lighter touch web solution for execution and order management that does not require multiple logins and permissions for any investment strategy requirements.

Operating in the cloud for nearly two decades, TradingScreen is well-established as a provider of SaaS trading technology. TradeSmart OEMS offers workflow efficiency, and seamless integration with the buy-side, connecting with markets globally and providing traders access and information that they need.