The integrated multi-asset front office trading system from Germany that we offer, pdv-DECIDE, supports on a single, advanced platform equities, fixed income, derivatives, FX, OTC and structured products. It contains a powerful order management system (OMS) that is equipped for ‘best execution’ across markets, a European mandatory requirement. This is available as a stand-alone module or integrated with sales trading and proprietary trading. pdv-DECIDE can be licensed by asset and by function, so that as your business expands into new product areas (for example, from cash equities to derivatives and OTCs), you do not need to license and integrate multiple systems from multiple vendors.
The multi-market, best execution functionality and multi-asset capabilities of pdv-DECIDE have allowed banks such as Commerzbank to defragment their multiple legacy order management systems (OMSs) onto a single OMS (pdv-DECIDE’s) across the entire bank and across all markets. This defragmentation has significantly reduced ongoing IT costs by allowing the decommissioning of legacy and legacy backup OMS applications.
