Why Your Trading Stack Deserves a Modern OMS Backbone
Trading desks need more than just access to liquidity—they need a modern Order Management System (OMS) that integrates seamlessly with their Execution Management System (EMS) to create a unified, efficient trading workflow.
Many mainstream OMS platforms currently in use were originally built in the 1990s and early 2000s. While age alone isn’t a dealbreaker, many of these systems haven’t kept pace over the years. Legacy architecture can struggle to meet the dynamic demands of today’s multi-asset, multi-venue, global trading environment.
Here’s how a modern OMS sets itself apart—and why your firm should consider making the switch.
1. Built for Speed, Scale, and Real-Time Data
Older OMS platforms often struggle to process large volumes of real-time data efficiently. A modern OMS is optimized for:
- Low-latency order handling
- Scalability to handle frequent and high-volumes of trading
- Real-time position and P&L visibility
With a unified view of orders, executions, and allocations, modern systems empower traders to make faster, more informed decisions and keep their clients updated in real-time.
2. Seamless Integration with Execution Management Systems
Today’s trading desks demand tight coordination between OMS and EMS capabilities while tying them into middle and back off solutions. A modern OMS supports:
- Multiple Execution Venues through vast, open FIX networks
- Pre- and post-trade risk checks
- Custom algo workflows and routing rule setups
- API and FIX interfaces to connect middle/back office systems and third-party vendor solutions
Legacy OMS providers often require cumbersome middleware or bolt-on modules. Modern platforms like TRAFiX are built from the ground up to deliver an integrated OEMS experience out of the box.
3. Better Compliance and Audit Capabilities
In a highly regulated environment, compliance isn’t optional—it’s essential. Modern OMS platforms offer:
- Automated, complete audit trails
- Real-time exception handling
- Customizable compliance rules
- Secure data exports for regulators
By proactively flagging potential issues before they escalate, these systems reduce risk and streamline audits.
4. Support for Multi-Asset, Multi-Venue Trading
The market has evolved—so should your OMS. Modern platforms support:
- Multiple Asset Classes in one Front-end
- Multi-venue order routing
- Global trading desks with localized workflows
Your trading strategies are evolving and your OMS should be able to keep up across all asset classes and regions.
Why TRAFIX?
At Trafix, we offer a modern, multi-asset OEMS platform that combines the robust capabilities of an Order Management System with the speed and intelligence of an Execution Management System. Whether you’re a broker-dealer, asset manager, or proprietary trading firm, our solution is:
- Intuitive to use
- Fast to deploy
- Backed by real-time support from industry experts
Sticking with an older OMS might feel comfortable—but it could be holding your business back. A modern Order Management System isn’t just a software upgrade—it’s a competitive advantage.
If your current OMS is showing its age, maybe it’s time to explore what’s next.