Boston, February 28, 2011 – A new report from Aite Group examines recent trends in the order management system (OMS) market. It forecasts IT spending within the OMS market and analyzes the capabilities of 11 leading global vendors.
The OMS market has bounced back from the demand stagnation that followed the credit crisis of 2008, and even experienced gradual growth in 2010. Many challenges still exist, however, as globalization and asset-class diversification of clients continues to test leading OMS vendors’ ability for resource allocation and long-term financial commitment. Among the key trends shaping prospects of the global OMS market are vendors’ ability to service an increasingly diversified client base, expand into new global markets, serve asset classes beyond equities, offer execution management functionality, and help clients comply with new regulations.
“Despite recent growth, downward pricing pressure continues to plague the OMS market even as vendors add new functionalities to meet client demand,” says Sang Lee, managing partner with Aite Group and author of this report. “Market conditions have improved greatly for the OMS vendors since late 2008, but the days of easy sales are long gone. Only large vendors with significant financial resources and stable client bases can hope to compete effectively in the long run.”
This 67-page Impact Report contains 32 figures and eight tables. Clients of Aite Group's Institutional Securities & Investments service can download the report.