Magellan Asset Management Signs with ConvergEx Group’s Eze OMS
ConvergEx Group, a leading technology company, announced November 15 that Magellan Asset Management has selected its award‐winning order management system, the Eze OMS™, to streamline their investment management processes.
Magellan Financial Group is a specialist funds management business based in Sydney, Australia. Magellan manages global equities and global listed infrastructure strategies for institutional investors and high-net-worth and retail investors. Magellan is the sole operating subsidiary of Magellan Financial Group Limited, which is listed on the Australian Securities Exchange.
“Magellan sought a system to assist with portfolio management and trade execution and with robust pre-trade compliance functionality,” said Chris O’Connor, director of Asia Pacific Sales for ConvergEx’s Eze Castle Software. “Eze will assist by integrating their daily workflows with its flexible and robust software that includes cash ladder reporting, seamless third-party integration, portfolio modeling, trade entry and an extensive compliance rule set.”
“After undergoing a detailed selection process of OMS providers across the market, Eze not only proved to be the most suitable system for our needs, but they also provide a superior client service model,” said Nerida Campbell, chief operating officer of Magellan Asset Management. “We were especially impressed by Eze’s best-in-class integration capabilities, which will facilitate straight-through processing across multiple counterparties and global markets.”