NEW YORK, Sept. 6, 2018 /PRNewswire/ -- TradingScreen Inc. (TS), the all-asset class order and execution management system (OEMS), today announced upgrades to its partnership with Imagine Software, which offers real-time portfolio, risk, and compliance management solutions.
"TradingScreen recognizes the need to create seamless integrations and cultivate deeper partnerships to ultimately benefit trading desks faced with ever evolving regulatory and compliance demands," said Varghese Thomas, TradingScreen Chief Operating and Strategy Officer. "As Imagine Software provides the definitive real-time solution to manage risk, maximize growth and comply with regulatory demands, TS clients with portfolio investment mandates on the Imagine platform will now benefit from our fully-integrated pre-trade compliance functionality."
A checks and balances feature built into clients' execution workflow will issue an alert when a rule or limit is breached during the pre-trade compliance process, along with the exact violation so that quick action can be taken. If no rules are violated, then the order is released to the market.
"We have always enjoyed a solid partnership with Imagine Software. With customers already leveraging the pre-trade compliance feature in beta, we are excited to offer the upgraded capabilities to all of our users," added Thomas.
The Imagine partnership enables smooth integration with TS' one-touch OEMS workflow solution, TradeSmart®, and will deliver robust risk insights on every trade, across all asset classes.
"We are excited to expand our partnership with TradingScreen. TS was ahead of the curve with MiFID II compliance, and continues to prioritize compliance solutions for their users," said Scott Sherman, Imagine Software Co-Founder and Global Head of Business Development & Sales.
Imagine was the first to market with a comprehensive real-time risk and compliance cloud solution and, Sherman added, "TradingScreen's clients can perform compliance checks using customized stress tests and scenarios, or even VaR, across multiple assets and accounts in real time, which is the gold standard in risk compliance."
Operating in the cloud for nearly two decades, TS is a leading expert on SaaS trading technology. TradeSmart OEMS offers workflow efficiency and seamless integration with the buy-side, connecting with markets globally and providing traders the access and information they need to optimize their trading performance.
ABOUT IMAGINE SOFTWARE
Imagine Software, founded in 1993, provides real-time portfolio, risk management, and regulatory solutions for the world's leading brokerage firms, investment banks, hedge funds, and funds of funds in more than twenty-five countries throughout the Americas, Europe, and Asia-Pacific regions. Imagine provides institutional-grade functionality and broad cross-asset instrument support for businesses of all sizes and complexities. Imagine was the first to launch a cloud-based portfolio and risk management system in 2000, making it easier for clients to access, customize, and use the firm's extensive analytics and products. Headquartered in New York City, Imagine has offices in Hong Kong, London and Sydney. For more information, visit www.imaginesoftware.com or contact Imagine Software at 212.317.7600 and follow us on Twitter and LinkedIn.
ABOUT TRADINGSCREEN
We were born in the cloud, but our solutions are firmly grounded in expertise. As the leading expert in SaaS-based technology for financial markets, TradingScreen (TS) technology improves access and fully automates workflows, resulting in greater efficiencies and lower costs for our clients. From our electronic trading platforms to our investment management solutions to our global financial market network, we are the industry's most comprehensive technology suite available. Our trading and technology experts are connected and positioned around the world, enabling a "Follow the Sun" 24-hour, six-days-a-week support approach that literally never stops. And we're constantly evolving within a complex, ever-changing marketplace to create sophisticated, customizable and accessible solutions no matter what your trading needs. For more information visit: www.tradingscreen.com.
PRESS CONTACTS
TradingScreen: Marissa Arnold, 612-309-9564, [email protected]
Imagine Software: Debra Douglas, [email protected]
SOURCE TradingScreen
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