Forefront Communications

TORA Newsletter Q2 2019

Alexandra Hamer

Alexandra Hamer

Without the distraction of acquisition, TORA has remained firmly focused on its clients, with its ongoing independence from any big firm offering a counterbalance to the market uncertainty unleashed via 2018’s spate of acquisitions.

Through 2018, investment banks and software companies moved to acquire a number of larger independent OEMS/ EMS firms. New or potential clients of the freshly acquired OEMS/EMS firms may now have real concerns about the possibility of product roadmap promises going unfulfilled, the emergence of conflicts of interest and be right to question the quality of ongoing client support and data privacy into the future. 

Buy-side firms are moving swiftly to reevaluate their portfolio management, trading and compliance requirements in the wake of last year’s wave of order and execution management system (OEMS) consolidation, which is proving to be a boon for firms remaining resolutely independent.

TORA CEO Robert Dykes commented: “Our cloud-based platform has enabled us to deliver Schonfeld a steady flow of enhancements over the years and has made integration with their other systems seamless”.

Read more about how TORA triumphed amid market consolidation in its Q2 2019 newsletter here.

Leave a comment

Your email address will not be published. Required fields are marked *