Source: Benzinga

Orchestrade Financial Systems: Orchestrade and Rebar Systems Partner to Offer a Fully Integrated Front-to-Back Cross Asset Trading Platform

Rebar Systems, a trusted trading platform solutions provider to hedge funds and asset managers; and Orchestrade, the capital markets trading, operations, and risk technology firm, today announced a partnership to provide a fully integrated offering of Rebar's order management and execution platform (ROME ) with Orchestrade's market leading cross asset front-to-back trading and risk portfolio management system. NEW YORK and LONDON , July 18, 2023 /PRNewswire-PRWeb/ -- Rebar Systems, a trusted trading platform solutions provider to hedge funds and asset managers; and Orchestrade, the capital markets trading, operations, and risk technology firm, today announced a partnership to provide a fully integrated offering of Rebar's order management and execution platform (ROME ) with Orchestrade's market leading cross asset front-to-back trading and risk portfolio management system. The asset management industry faces significant challenges to business operations and budgets when they look to scale, automate, create efficient workflows, and trade more complex products. The root cause is often the inability of a legacy technology stack to adapt and evolve due to the complexity of disparate, integrated systems and siloed solutions. This often results in a reliance on manual and legacy processes and insufficient compliance and risk management. These challenges are addressed by combining Orchestrade's award-winning portfolio management system and Rebar's market proven order and execution management platform. "The combination provides a tightly integrated investment and trading lifecycle solution. Both platforms are designed from the ground-up to be asset agnostic and extremely flexible, allowing asset managers and hedge funds to rapidly respond to evolving market conditions, such as quickly and efficiently adding new portfolio managers, strategies, asset classes, and external data sources," states Adam Striffler , COO & CFO at Rebar Systems. Philip Cushmaro , Co-Founder & CEO of Rebar Systems went on to state, "By selecting this integrated offering from two best in class platforms, both built on modern modular technology, firms will rapidly and cost effectively benefit from seamless workflows and processes across the complete trade lifecycle." "Financial markets are ever more interconnected, and managers seek flexibility in how their portfolios are constructed and maintained," observed Hakim Erhili, Orchestrade Co-Founder. He went on to say, "By combining two world class products, at a fundamental level of integration, we are solving issues of operational efficiency, data consolidation, and flexibility that are holding back so many firms." Jonathan Gane , Global Head of Capital Markets at Orchestrade commented, "As funds grow in size and complexity they need a best in class solution delivered by a modern cloud hosted platform, capable of handling complex products as standard. Orchestrade's deep cross-asset DNA enables them to future proof their business, bringing new portfolio managers, new trading strategies and accessing new markets at pace and in a robust manner." NOTES TO EDITOR About Rebar Rebar Systems is a cutting-edge technology solutions provider to some of the world's most sophisticated asset managers. Leveraging our flagship multi-asset trading platform (ROME ), we provide order and execution management software and professional services. We partner with our clients to simplify, streamline, and transform technology solutions and business processes. www.rebarsys.com About Orchestrade Orchestrade delivers the most modern technology for cross asset, front-to-back trading and risk management. Its award-winning capital markets platform has been implemented by leading financial institutions in the Americas, Europe , and Asia . "Best risk management technology" HFM European Services Awards 2023 "Best portfolio management system" Systems in the City Fintech Awards 2023 "Best Middle Office Solution" FTF News Technology Innovation Awards2023 "Best sell-side middle office platform" Waters Sell-Side Technology 2023 "Best power trade management" Chartis Energy50 2023 "One to watch" Energy Risk Awards 2023 Rebar Systems Adam Striffler astriffler@rebarsys.com +1 888 732 2701 Orchestrade Louis Hogan louis.hogan@cognitomedia.com +44 78477 16844 Pull Quote Jonathan Gane , Global Head of Capital Markets at Orchestrade commented, "Orchestrade's deep cross-asset DNA enables them to future proof their business, bringing new portfolio managers, new trading strategies and accessing new markets at pace and in a robust manner." Media Contact Louis Hogan , Orchestrade, 44 7847716844, louis.hogan@cognitomedia.com , https://www.orchestrade.com/ Adam Striffler , Rebar Systems, 1 +1 888 732 2701, astriffler@rebarsys.com , https://www.rebarsys.com/ SOURCE Orchestrade

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
Hakim Erhili's photo - Co-Founder & CEO of Orchestrade Financial Systems

Co-Founder & CEO

Hakim Erhili

CEO Approval Rating

86/100

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