SAN FRANCISCO / LONDON, Oct. 02, 2018 (GLOBE NEWSWIRE) -- TORA announced today that its cloud-based order and execution management system (OEMS) was recognized twice in the past week for its superior functionality and client support.
On September 20, TORA was awarded ‘Equity Trading System of the Year’ at the FOW and Global Investor Awards in Singapore. The awards recognize the very best achievements across the Asian capital markets.
TORA’s OEMS was also shortlisted in all three categories in The TRADE’s Leaders in Trading 2018: Algorithmic Trading and EMS Awards, which are based on an extensive industry-wide survey. TORA was shortlisted in the EMS Best Product Consistency, EMS Best Product Availability and EMS Best Customer Support categories.
These awards recognize the advancements TORA has made to its OEMS over the past year to help its buy-side clients meet increasing client and regulatory demands. Over the past twelve months TORA has added:
“We’re thrilled to win ‘Equity Trading System of the Year’ from Global Investor and to be recognized by our clients in the annual TRADE survey for consistency, availability and support,” commented Robert Dykes, CEO at TORA. “All the credit goes to our incredible product management and development teams, who lead our efforts to collaborate with our clients’ requests on the development of highly tailored new tools that help them achieve the highest levels of trading and investment performance.”
TORA also continues to be a leader in driving the industry-wide conversation about transparency, particularly about the total cost of ownership of the trading stack including those costs being borne by their clients’ sell-side trading counterparts. A leading advocate of EMS and OMS fee transparency, TORA has contributed to independent research that has outlined existing industry pricing practices and informed of the ROI benefits that can be achieved with newer cloud-based trading technologies.
TORA’s clients, which include hundreds of the industry’s largest and most sophisticated institutional trading firms globally, average over $100 billion in monthly trading volume in equities, derivatives, FX and other asset classes.
About TORA
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.tora.com