Beauchamp OrderManager enables fund managers and traders to electronically manage the order process, from inception through to execution and allocation. OrderManager makes use of FIX technology to send and receive electronic messages via the Thomson AutEx Order Routing network to and from executing brokers, ECNs and other pools of liquidity. OrderManagerâs full integration with the Beauchamp FundManager portfolio management system means that electronic trades are automatically booked to the database and are immediately reflected in portfolio and P&L reports. FundManager then automatically reconciles trade files with prime brokers and administrators, delivering straight through processing from the front office to the back office.
Thomson AutEx Order Routing is one of a suite of Thomson products used by trading partners to identify market liquidity and place orders. Thomson AutEx facilitates the high-speed transfer of multiple 100% FIX compliant message types over a concentrated global network. The AutEx Network is based on a hub and spoke model, allowing clients within our global community to communicate with multiple trading partners. Thomson AutEx is a dedicated, standard protocol network for the transfer and delivery of financial services, including equity and fixed income-based, through a single connection. The advanced technology and robust nature of the Thomson AutEx Network allows us to deliver our financial services over a number of connections and interfaces, giving AutEx clients several options for meeting their ongoing business requirements.
Clare Flynn, President of Beauchamp Financial Technology comments: "The new connectivity between OrderManager and Thomson Financialâs Order Routing network means Beauchamp clients will have an even greater choice of network providers, brokers, and trading venues. The fact that executions and allocations are booked straight through to the Beauchamp portfolio database removes significant scope for human error and makes our clientsâ trading operations that much more efficient."
"Thomson AutEx provides connectivity and liquidity across the global trading community, giving brokers and institutions access to a breadth of execution venues and advanced execution algorithms over an existing connection," said Robert Moitoso, senior vice president and head of AutEx, Thomson Financial. "We are very excited about this relationship with Beauchamp and their clients."