BNY ConvergEx Group Announces Eze Castle Software Partners With Tradeweb
December 16 2008 - 9:00AM
PR Newswire (US)
Integration Streamlines Fixed Income Execution for Eze OMS Clients
NEW YORK and BOSTON, Dec. 16 /PRNewswire-FirstCall/ -- BNY
ConvergEx Group, LLC, a leading provider of global agency brokerage
and investment technology solutions, today announced that Eze
Castle Software has integrated its award-winning order management
system, the Eze OMSTM, with Tradeweb, a leading provider of global
online marketplaces. This seamless integration provides Eze OMS
clients streamlined execution on Tradeweb's fixed income platform
for U.S. treasuries, corporate bonds, U.S. agencies, and
mortgage-backed securities. The integration is flexible to support
multiple workflows, depending on users' needs. Traders can enter
orders in either the Eze OMS or Tradeweb, with trade and execution
information transferred seamlessly between the trader's blotter and
the Tradeweb platform. "Our clients generate significant
operational efficiencies from integrating their order management
systems with Tradeweb. We are delighted that we can now provide
them the ability to streamline their execution using the Eze OMS,"
said Jon Williams, Director of U.S. Products at Tradeweb. "We are
excited to give Eze OMS clients direct access to one of the world's
leading online marketplaces for fixed income trading," noted Rob
Keller, Managing Director of Global Product Management at Eze
Castle Software. "The integration enables us to offer additional
execution options for fixed income instruments and speaks to our
continued commitment to provide our clients the technology they
need to streamline their investment process for all asset classes."
Eze Castle Software's award-winning order management system, the
Eze OMS, leverages a real-time open architecture to streamline the
investment cycle for all asset classes - from idea generation
through settlement. The Eze OMS provides functionality to support
portfolio management, compliance, trading, and operations in a
single platform. Today over 380 buy-side firms use the Eze OMS to
manage their investment process. About Tradeweb Tradeweb is a
leading provider of online markets and a pioneer in the development
of electronic trading and trade processing. The company provides
services in the fixed income, derivative, and equity markets to
clients in more than 50 countries. Since 1998, Tradeweb has
operated a global trading network, which harnesses the distribution
of the major investment banks with over 2,000 institutional
clients. With its expansion into the equity markets, Tradeweb is
leveraging AutEx, the industry leader for 40 years in providing
indications of interests, and Tradeweb Routing Network, a global
FIX network with more than 7,000 connections to over 750 firms.
Tradeweb is owned by Thomson Reuters and nine leading global
dealers. About BNY ConvergEx Group BNY ConvergEx Group, LLC
provides global agency brokerage and investment technology
solutions to institutional clients worldwide. The Company's key
business lines - Liquidity and Execution Management, Investment
Technologies and Intermediary and Clearing Services - focus on a
broad array of services designed to deliver a comprehensive,
integrated platform of performance-driven, global multi-asset class
trading capabilities. BNY ConvergEx Group is comprised of the
following businesses: BNY ConvergEx Execution Solutions LLC (member
NYSE/FINRA/SIPC), LiquidPoint, LLC (member CBOE/SIPC); Eze Castle
Transaction Services LLC (member FINRA/SIPC); Westminster Research
Associates LLC (member FINRA/SIPC); G-Trade Services LLC (member
FINRA/SIPC); BNY Jaywalk LLC; ConvergEx Global Markets Ltd. and Eze
Castle Software LLC. BNY ConvergEx Group is an affiliate of The
Bank of New York Mellon Corporation. Additional information is
available at http://www.bnyconvergex.com/. DATASOURCE: BNY
ConvergEx Group, LLC CONTACT: Margaret E. Farrell of BNY ConvergEx
Group, LLC, +1-212-468-7708 Web Site: http://www.bnyconvergex.com/
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