Bayerische Landesbank, the central bank for Bavarian savings banks, has implemented an institutional order and trade management system from OM Group, the technology developer and exchange operator, in a step towards fully automating its front-office order and trade processes.
Institutional Order and Trade Management is an automated trade capture and management real-time order processing system for institutional and retail markets. It forms a part of OM's front-to-back office solutions suite which includes trade management, order management, position keeping and order routing.