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financial istitutions
  order management
  market access
  market data
distribution
  professional trading
 
market companies
  electronic trading platform
  market data dissemination
systems
  market surveillance
 
financial service providers
  information dissemination
  order routing
networks
  message routing services
 
order management - AMOS
 

AMOS is a solution integrating all order management functions, ensuring full MIFID compliance.

It is a comprehensive system, inclusive of all the front and middle office features required to manage both retail and professional customers:

  • Pre-trade (order entry, customer management, MIFID)
  • Trading ( market data, order execution, …)
  • Post-trade (deal capture, trade processing, confirmations, …)
  • Back office and compliance system feed


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AMOS integrates with all the Italian markets and the main European trading venues (MTA, SEDEX, MOT, EuroMOT, ExtraMOT, IDEM, EuroTLX , Chi-X, XETRA, Eurex ), and manages both proprietary and client orders for the main types of instruments (stocks, bonds, listed and OTC derivatives, covered warrants, warrants, ETF, …).

 

 

The system can forward orders to brokers through order routing networks (e.g. FINESTway, Thomson Autex, UL NET) or through dedicated connections based on the FIX protocol.

AMOS integrates with the existing institution IT systems and is configured according to their specific operational requirements:

Integrated Front and Middle Office


A comprehensive Front Office and Middle Office system to manage retail and professional customers, offering the MIFID features of appropriateness/ suitability checks, execution policy, pre- and post- trade transparency.

Trading station

AMOS/station is the trading station of AMOS for accessing markets. It includes sophisticated features for advanced order processing, and provides real time information with multi-market depth to manage the best execution.


Smart Order Routing for the Best Execution

AMOS/map is the Smart Order Routing module of AMOS. According with MIFID, it ensures the real time Best Execution of orders implementing the execution policy the institution can define by customers and security types.

Order Entry


A solution for order entry from the main order routing networks (Thomson AutEx, Bloomberg, FINESTway Reuters, TAS Teletrading, UL NET) and from direct connections based on the FIX protocol or on the I-HOST protocol (Italian standard de-facto), …

Pre-trade MIFID checks


AMOS manages all the checks provided for by the MIFID directive, to be performed before routing the order to the Market destination , which ensure a transparent high-quality service to end customers (appropriateness, suitability , conflict of interests). Checks are performed in real time on each individual order.


Middle Office (post-trade)


A solution for post-trade processing. Its features include order grouping, pre-matching , splitting, commission calculation, confirmations with customizable templates, and real-time Back Office feed.

Broker Execution Service Platform


In view of providing a value-added service to the institutional customers, AMOS can be used to deliver a set of highly sophisticated Broker Execution services – connectivity, information, trading, and post-trade – based on an architecture ensuring reliability, high-speed execution, and advanced order processing.

 
     
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