ConvergEx Group, a leading technology company, today announced that Australian-based Caledonia (Private) Investments is now live on its award-winning order management system, the Eze OMSâ¢.
Founded in 1992, Caledonia (Private) Investments is a privately owned investment management group with combined assets under management of approximately $2 billion AUD. Caledonia is using the Eze OMS to automate their investment processes including pre- and post-trade compliance monitoring, portfolio modelling, FX hedging and domestic and international electronic trading with their brokers. Seamless data interfaces allow Caledonia to automate the exchange of data between the Eze OMS and multiple third parties, including custodians and other investment systems.
âCaledonia was looking to streamline its entire investment process with a single system,â said Chris OâConnor, head of Australian sales for ConvergExâs Eze Castle Software. âWith the Eze OMS we introduced a collaborative workflow between Caledoniaâs trading and operations teams and eliminated the need for duplicating data entry between multiple systems.â
âWe are tremendously happy with how the Eze OMS has transformed our trading processes. We have greatly benefited from the industry knowledge and expertise they provide through ongoing support and training,â said Roland Chia, general manager of Business Process and Technology at Caledonia. âGiven the level of service that our Eze consulting team has provided, it is no surprise to us that they are seeing so much growth throughout the Asia-Pacific markets.â
âWe are thrilled with the client response we have seen throughout the region in 2010,â said RG Manalac, head of Asia-Pacific consulting for ConvergExâs Eze Castle Software. âIn fact, in 2010 we continued to sign on new clients in the region at a tremendous rate, with one third of our new clients choosing the Eze OMS to replace an OMS they were previously using.â
The award-winning Eze OMS leverages a real-time open architecture to streamline the investment cycle for all asset classes â from idea generation through settlement. The Eze OMS provides functionality to support portfolio management, compliance, trading and operations in a single platform.