Aite Group offers a new guide to the portfolio system vendors that provide comprehensive front- to back-office systems with fully functional trading modules.
A new Impact Report from Aite Group, LLC examines the core infrastructure technology market catering to the asset management community. The report serves as a guide to the vendors offering comprehensive front- to back-office portfolio systems.
The distinguishing feature of a comprehensive integrated portfolio suite is the presence of a fully integrated trade order management module. While there are dozens of vendor platforms serving as portfolio management and accounting solutions, most vendors focus on mid- to back-office solutions. Development of and commitment to a front-office trading solution is significant for vendors, given ongoing advancements in trading systems and changes in the structure of the global capital markets. Clients have high expectations when it comes to trading applications. To be truly competitive in today’s market, vendors must provide trading modules that keep up with market developments, such as algorithmic/program trading, improved execution speed, connectivity to new execution venues, and real-time analysis.
"For vendors, the challenge in the months ahead will be to remain on the cutting edge through what promises to be a difficult and long-lasting recession," says Denise Valentine, senior analyst at Aite Group and author of this report. "Buyers will have less money to spend, and system reviews will occur due to anticipated firm consolidations, which in turn will spur price discounting. All the while, vendors will have to continue their efforts to maintain their platform’s competitiveness. Vendors understand from prior periods of downtrodden financial markets that the client market will eventually rebound, and it is best to be well-prepared to capitalize rapidly when things do turn around."
This 40-page Impact Report contains 5 Figures and 11 Tables. It profiles the following eight vendors: Advent Software, DST International, Financial Information Networks, INDATA, SimCorp, SS&C Technologies, SunGard and Thomson Reuters.
Clients of Aite Group’s Institutional Securities & Investments Service can download the report by clicking on the icon to the right.
Related Aite Group Research:
* The Rise of Research Systems: Man vs. Machine
* U.S. Electronic Fixed Income Trading Platforms: The World Ain’t Standing Still
* Performance Measurement and Attribution Systems: A Vendor Review
* Leading Portfolio Accounting Systems for Hedge Funds