October 9, 2017: Melbourne, Australia: FMO (www.fmo.com.au), today announced that it has successfully completed its integration of order management flow between FMO and Thomson Reuters Autex Trade Route. This new feature enables clients using Thomson Reuters Eikon to send orders from FMO to Eikon, via Autex and have executions come back electronically from Autex into FMO.
Thomson Reuters Autex is a network that allows brokers to advertise equities liquidity (either pre-trade or post-trade) to their buy-side clients. Buy-side traders, in turn, use these messages as a core part of their strategy for discovering liquidity they need to complete trades.
Thomson Reuters Eikon provides easy access to trusted news, data, and analytics, all filtered by relevance to your exact needs, and displayed in a highly visual way that's easy to grasp and act on. From the same intuitive desktop or mobile device, you can instantly connect to new and emerging markets, deep and varied pools of liquidity, professional networks and expert support – anywhere, anytime.
“Automating order flow has been an increasing focus for our clients for many years now,” said Paul Lemphers, General Manager at FMO. “FMO has evolved from being a traditional books and records system to providing clients with an OMS that they can conduct portfolio modelling and pre-trade compliance analysis as part of their order generation process. This latest project to integrate order flow between FMO and the Eikon platform further extends this commitment to providing our clients with more options when it comes to pre-trade decision support. We are also very excited to work with Thomson Reuters on further integration of FMO functions within Eikon using their impressive list of APIs.”
Daryl Sisson, Managing Director, Financial & Risk, Pacific at Thomson Reuters, said, “Thomson Reuters is proud to partner with FMO in Australia to support their order management technology needs. The buy-side faces an array of challenges in order routing - the increasing adoption of new asset classes, multiple broker relationships and algorithmic trading across global markets has made it more complex than ever to manage connectivity for routing orders. To navigate these challenges, Thomson Reuters Autex Trade Route provides a global, resilient solution to connect with trading partners anywhere in the world across asset classes.”
For more information, please contact FMO, on (613) 9664-8364 or email enquiries@fmo.com.au.
Alternatively please visit the Thomson Reuters Autex and Eikon website for more information.
FMO now taking exchange data from Thomson Reuters DataScope Select.
October 9, 2017: Melbourne, Australia: FMO (www.fmo.com.au), FMO today announced that it has successfully completed its integration of exchange financial data between FMO and Thomson Reuters DataScope Select.
Thomson Reuters DataScope Select is a full cross-asset data delivery offering with intelligently linked information for all Thomson Reuters DataScope content. A strategic data delivery platform for non-streaming content globally, Thomson Reuters DataScope Select includes reference data, corporate actions, entity data, end-of-day/intra-day pricing, and evaluated pricing services.
“Many of our clients are trading various asset classes on exchanges all over the world. Having a reliable and comprehensive source of financial reference data is critical today where reporting deadlines are getting shorter and reporting requirements get more demanding.” said Paul Lemphers, General Manager for FMO. “We have been very impressed with the flexibility and comprehensive access to the data provided by DataScope Select API’s”.
“Thomson Reuters continues to strengthen our relationship with FMO through their adoption of DataScope Select. Our award winning platform adapts to today’s content and delivery requirements as they evolve in the marketplace and is built on the cornerstones of best-in-class coverage, reliability, performance and customer convenience. Importantly, DataScope Select is helping Australian firms become ready for the implementation of the revised Markets in Financial Instruments Directive (Mifid II) on January 3, 2018 by being re-oriented to cope with the new demands of Mifid II-related data,” said Daryl Sisson, Managing Director, Financial & Risk, Pacific at Thomson Reuters.
For more information on Thomson Reuters Datascope Select, please visit here.
FMO launches new 'FMO Mobile' website.
July 1, 2011: Melbourne, Australia: FMO (www.fmo.com.au), today launched a new mobile version of the FMO system for users to check on their open exposures, live P&L, trades, custody balances or run reports while out of the office. The new FMO Mobile site runs on mobile web browsers found on iPhones or Android based touch phones.
According to Radu Blebea, Vice President, System Engineering – FMO, the new service is designed to meet the needs of busy clients who are seeking immediate answers and information.
"Our clients will now be able to monitor their positions, check where stock is located and run reports, all in the palm of their hand. This is incredibly useful for the busy professional who needs to field questions from staff, clients or brokers and make quick decisions while on the run" he said.
For more information on FMO Mobile, visit our website (www.fmo.com.au/mobile).
FMO integrates with OMGEO for Automated Trade Confirmation.
July 1, 2011: Melbourne, Australia: FMO (www.fmo.com.au), is excited to announce a new service today that enables FMO clients to minimize operational risk by automating their post trade allocation, matching and confirmation process using OMGEO (http://www.omgeo.com).
Omgeo is an operations expert automating trade lifecycle events, including allocation, confirmation/affirmation, settlement notification, enrichment, operational analytics and counterparty risk management between trade counterparties.
"Trade confirmation can be a time consuming exercise for funds trading large volumes internationally, with numerous brokers. The manual nature of checking trades against paper confirms can lead to unidentified errors resulting in possible failed settlement. OMGEO Central Trade Manager (CTM) will help our clients save time and minimize confirmation errors by automating the confirmation process for them." said Paul Lemphers, General Manager - FMO.
Bluepool Capital is the first FMO client to implement the new connection in their business.
"We have been trialing the FMO-OMGEO integration since March 2011 and we are very happy with the service" said Ms. Avis Tang, Operations Manager - Bluepool Capital. "Automating our post trade matching and confirmation processes was the final step in Bluepool Capital achieving internally, a straight-through-processing workflow. This has been an important advancement in our front-back office operations to support our growing business."
For more information, please contact FMO, on (613) 9664-8364 or email enquiries@fmo.com.au.
FMO to provide global solution to Australian Short Position Disclosure Requirements!
June 4, 2010: Sydney, Australia: FMO (www.fmo.com.au), the next generation portfolio management system for global hedge funds, announced a new service today that enables asset managers to comply with ASIC Short Selling Disclosure Requirements as outlined in RG196 - Section D.
"The alternative investments industry is in a period of increasing regulatory change, on a global scale. Funds must have systems in place that can quickly adapt to comply with new regulatory requirements as they arise without compromising their underlying strategies." said Paul Lemphers, General Manager-FMO. "This will be an increasing focus for investors as part of their due diligence process".
The ASIC Short Position Reporting Service offered through the FMO Portfolio Management System will enable clients to upload their short position reports to ASIC using the FMO FIX engine.
"We are also providing a simple low cost service for news clients who are not currently on the FMO platform." said Mr. Lemphers.
ASIC have advised a 'No Action' relief period until the 21st June 2010 to allow funds more time to implement a solution to comply with RG196 from that date.
For more information, please contact FMO Support on email enquiries@fmo.com.au.
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TradingScreen integrates to FMO Portfolio Management System
LONDON, NEW YORK, HONG KONG and TOKYO (March 4, 2010): TradingScreen Inc, the premier execution management system (EMS) provider of multi-broker and multi-asset class trading systems to the Buy Side, announced today the integration with FMO, the online Portfolio Management System for global hedge funds with industry leading reporting and attribution analysis functionality.
The certified integration of TradingScreen and FMO links the front and middle/back office to offer the Buy Side a new level of trading efficiency built on the combined multi-asset class capabilities of both systems. Institutional traders using this FIX based best-of-breed EMS-OMS solution will leverage TradingScreen's global order routing and advance execution management functionality coupled with FMO portfolio management system to manage post trade and middle office processes with brokers and custodians, reconciliations, reporting, as well as fund accounting.
The latest FMO release features improved-real time and historic reporting of fund performance across multiple prime brokers and custodians to manage counterparty risk and provide clients additional process transparency.
Paul Lemphers, General Manager of FMO commented: "Post the financial crisis clients are more focused on post trade processes including managing multiple prime brokers, counterparty risk, and accurate reporting and performance attribution. Investors are demanding better processes in order for funds to raise more capital. By integrating with TradingScreen we can now offer to TradingScreen's fast growing number of Asian customers a portfolio management system that is quick to get up and running and accurately processes data from TradingScreen for middle and back office processes".
"As clients increasingly trade a broader range of asset classes across global markets, the real time integration of the trading and workflow processes to portfolio management systems are becoming more important and complex. Integrating with FMO is a natural extension for TradingScreen as we continue to commit to offer our clients the automation of the full trading lifecycle that meets their needs, and ultimately deliver additional value to them, commented Bernard Ho, Head of Asia Pacific and Japan. We look forward to working with FMO as they continue their expansion into the region."
To see press release go to http://www.tradingscreen.com/press_rel_30410.html.
SOURCE TradingScreen Inc.
FMO To Sponsor AsiaHedge Forum 2010 — 17-18 March at the JW Marriott Hotel, Hong Kong
January 25, 2010: Hong Kong: FMO announced today their sponsorship of the AsiaHedge Forum 2010 to take place on the 17-18 March 2010. Held in Hong Kong, the AsiaHedge Forum is a major hedge fund event attracting both local and international delegates who need to know about the Asia-Pacific hedge fund industry. The Forum addresses the strategies, issues and challenges that the region's industry now faces, and provides the perfect opportunity to network with the region's finest managers and investors.
Attending the conference will be Paul Lemphers (Director – FMO Asia) and Cora Tang (Head of Client Services – FMO Asia). FMO Consultant, James Sutherland will be providing attendees with system demonstrations and setting up funds on free trials.
Click here for more information on the AsiaHedge Conference (82Kb PDF)
Click here to visit the AsiaHedge Forum 2010 website.
FMO Announces New Release of FMO Portfolio Management System with New Reporting and Attribution Analysis Tools
October 13 2009: Melbourne, Australia: FMO, the portfolio management system for hedge funds with industry leading reporting and attribution analysis, announced a new release of the FMO system today. The main focus of this release is improved real-time and historic reporting of fund performance across multiple prime brokers and custodians–for better trading decisions, to manage counterparty risk, and to give external clients more transparency.
Paul Lemphers, General Manager of FMO, commented: "The financial crisis has demanded that Fund Managers need the ability to analyse their performance quickly and accurately. We have worked closely with clients to help them gain deeper insight into the performance of their investments by focussing on the sources of growth over a period of time. All portfolio management systems are able to tell you what a fund’s Net Asset Value (NAV) and P&L is. FMO is able to tell you the how – how did I gain this alpha and what parts of my portfolio generated it. This helps fund managers make better investing decisions and gives better transparency to investors."
Avis Tang, Chief Operating Officer at Blue Pool Capital, Hong Kong, and FMO client since 2006 commented: "FMO is an easy to use system with great support that has helped us manage assets with multiple counterparties, streamline our day to day operations and improve our fund reporting". Blue Pool Capital Ltd. is a Hong Kong based investment advisory firm. Blue Pool Capital has two clients: a family office and Absolute Partners Management, the manager of the Absolute Partners Fund. Absolute Partners Fund is an Asia ex-Japan long-short equity fund that launched in November 2004.
New features in this release include:
- The FMO report builder is now able to run standard template and custom reports on any of the 1224 data fields in the system. Reports can be either ‘Investment Level’ for the front office, or ‘Accounting Level’ for the back office and include Live/Historical Open Positions, Geography/Sector/Direction/Counterparty Exposures, Account Balances, P&L, Performance Attribution, NAV and Trial Balance.
- Reports can also be embedded into Excel spreadsheets. These reports can then be run in Excel using data from FMO without the need to log into FMO.
- The FMO Command Line enables users to quickly search for data in FMO (i.e. trades, exposures, prices, rates, etc.) by typing short text based commands rather than clicking through various pages in the system.
- Enhanced integration with third party trading systems/execution management systems. Send & receive order/fill data between FMO and various third party trading systems including Bloomberg EMSX, IRESS IOS and TradingScreen. This integration uses the industry standard FIX protocol.
For further information please contact:
Paul Lemphers
General Manager
Email: paull@fmo.com.au
www.fmo.com.au