Open Platform - Not Just An Equity Front-End

The future OMSs will include a stronger fixed income role and maybe even middle- and back-office functions like confirmations and allocations.

In 2002, most technology companies took time off from grandiose announcements. Order management systems, or OMSs, did likewise. The past year was spent fine-tuning many order management functions that had come out in previous years instead of offering new, ground-breaking products.

But unlike other application providers, OMS vendors actually saw a healthy year in terms of revenue. Why? Because OMSs promised and delivered cost-saving benefits that just about any accountant would like.

Despite

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