TORA, provider of the industry’s most advanced front-to-back cloud-based order and execution management system (OEMS), has today announced OQ Fund Management has selected TORA for its industry leading OEMS software & functionality. The global trading platform for hedge funds & asset managers is known for its multi-asset, multi-region & unrivalled interoperability with other systems.
TORA’s OEMS was one of the first to launch 13 years ago, and delivers advanced functions for portfolio rebalancing, pre-trade and post-trade TCA to improve execution quality combined with strong post-trade allocations and commission management tools.
Nick Bird CEO & CIO, OQ Funds Management stated “I needed a system that was going to be able to continuously monitor high levels of information, provide analytics and deliver quick results with low latency”.
Chris Jenkins, Managing Director at TORA commented, “We are delighted to have OQ Fund Management onboard. We thoroughly enjoyed working with him at Macquarie Bank and are looking forward to growing with OQ over the upcoming year with a company that is bound to scale substantially”.
OQ Funds Management delivers robust quant methodology targeting market anomalies. The fund makes use of tried and tested non-systematic overlay in order to maximise alpha and mitigate risk. Whilst offering liquidity, transparency, market neutrality and an optimal capacity limit.
TORA OEMS has an easy configurable functionality and on-the-ground support for fund trading activities. The system is multi-asset, multi-region, compliant with MIFID II, provides detailed reports & analytics and has a broker-neutral pairs application.
TORA is the leading global provider of advanced investment management technologies supporting the full trading lifecycle. With a full suite of cloud-based SaaS-delivered execution, analytics and compliance tools, as well as order, portfolio and risk management capabilities and a global FIX network, TORA’s products are utilized by hundreds of the industry’s leading hedge funds, asset managers, proprietary trading firms and sell-side trading desks globally. With headquarters in San Francisco, TORA has over 250 employees across offices in Hong Kong, Jersey, New York, Romania, Singapore, Sydney and Tokyo. More information is available at www.stage.toratrading.tw