Mosaic was invited to join the client’s project team to implement the selected Order Management System. The principal benefits to the client were the expert domain and software implementation experience of the Mosaic team member in identifying requirements, designing workflows, ensuring successful implementation and undertaking testing.
The new OMS platform replaced several proprietary systems and spreadsheets, enabling efficiency and scalability across the investment management process. The scope included the delivery of capabilities across portfolio management and modelling, order execution with interfaces to a variety of electronic trading platforms, post trade matching and 3rd party instructions, pre and post-trade compliance, cash and FX management and a new securities master with consolidated view across all positions in real-time.
The team effectively managed the project through a global pandemic and was able to deliver a successful implementation remotely with vendor contacts in the UK and Australia.