TORA’s OEMS platform integrates Liquidnet’s IA Trader

By Pavithra R

TORA, a leading provider of advanced investment management technologies, has announced the integration of its order & execution management system (OEMS) with global institutional investment network, Liquidnet’s IA Trader. 

Integrating IA Trader into TORA OEMS will help equity traders to enhance their decision-making process at the point of trade. The integration offers access to advanced AI, data analytics tools and a broad range of Liquidnet trading algorithms. The system delivers compact stamp summaries, actionable signals, alerts, and data visualisation capabilities that are designed to provide clients with greater efficiency and enhanced operational workflow in one holistic system.

Liquidnet’s IA Trader provides pre, post and intra trade execution analytics driven by exception alerting across equity and related market data. Time-stamps, alerts and analytic tools are designed to helps traders to identify potential hidden risks and opportunities in their blotters, portfolio or watchlists.

“We are very pleased to have IA Trader available in the TORA OEMS platform. Data analytics play an ever more important role in the trading process and to have IA Trader as an added data point is very exciting for our clients. The embedded integration allows for a seamless workflow for all users,” said Chris Jenkins, Managing Director at TORA. 

TORA’s OEMS offers a comprehensive front-to-back end trading solution for hedge funds and asset managers. The functionality is MIFID II compliant, fully auditable, and automatically details in depth order records, price information and creates execution reports. TORA’s platform also delivers advanced pre-trade and post-trade TCA to improve execution quality and ensure the best execution. Its OEMS platform gives users access to advanced functions for portfolio rebalancing, TCA, post-trade allocations and commission management tools. The integrated software package already connects with custodians, prime brokerage and trade matching providers across the globe.

Established since 2001, Liquidnet is a technology-driven, global institutional investment network that connects asset managers with liquidity. Its network spans 46 markets across six continents and seamlessly connects institutional brokers, investment banks, exchanges, alternative trading venues, and a growing list of data and research providers.