Order Execution Management

Nirvana's Order Execution Management Solution (OEMS) is tailored for Hedge Funds and Asset Managers, offering a comprehensive, multi-currency, multi-asset class solution. Delivered via a convenient and cost-effective cloud-based model, the OEMS covers the entire investment trading workflow. It provides FIX connectivity to numerous executing brokers, seamlessly integrating with various routes including Broker Algos. The application features a user-friendly portfolio and single stock rebalancing tool for effortless trade management. Its pre and post-trade compliance module features both out-of-the-box and customizable rules, while the highly flexible real-time portfolio management interface enables real-time monitoring With integrated day-end allocation and data transfer processes to executing brokers and prime brokers/custodians, Nirvana's solution is T+1 settlement ready, ensuring true Straight Through Processing (STP)

Key Features

Multi Asset Class

Supports major asset classes: Global Equities, Futures, Forwards, Options, Swaps, OTC Instruments, and Standard Fixed Income in a single integrated offering.

Integrated Market Data

Integrated market data allowing users to create customized watchlist, access options chain and trade with a single click.

Seamless Connectivity

Out-of-the-box electronic connectivity to hundreds of brokers and broker algorithms. Additional brokers can be added with ease allowing for a seamless trading experience.

Integrated Short Locate

Seamless short locate functionality allowing users to check borrow availability and rebate rates across their Prime Brokers. Daily update of availability and rebate rates via API or SOD files.

Integrated Single Stock and Portfolio Rebalancing

Effortlessly rebalance single positions or multiple accounts to accommodate cash inflows or outflows, replicate model portfolios, or adjust percentage exposures. Our system automatically allocates transactions across multiple accounts and generates buy/sell lists for seamless execution.

Single Click Order Creation

Create orders with a Single click with real-time trading capabilities. Portfolio managers can rebalance positions with an easy to use, integrated trading ticket allowing for seamless position adjustment.

Pre and Post - Trade Compliance

Utilize pre-configured rules or tailor pre- and post-trade compliance rules with unparalleled flexibility. These rules can be customized across various parameters including multiple accounts, sectors, sub-sectors, asset classes, profit and loss, and exposures, providing maximum adaptability to your specific needs.

Flexible Allocation Capabilities

Contains customizable pre-defined allocation rules across multiple funds and accounts.

Daily Transaction and Custodial information transmission

Effortlessly transmit post-trade data via FIX or file formats to a wide array of Executing Brokers, Prime Brokers, Custodians, and Administrators. Our middle-office capabilities are fully compliant with T+1 settlement requirements, ensuring seamless transmission and affirmation processes from start to finish to achieve true STP.