Waters Rankings 2017: Best Sell-Side Order Management System (OMS) Provider—Bloomberg
Bloomberg wins the best sell-side OMS provider category for the second consecutive year.

Despite a recent uptick in traction for integrated order and execution management systems (OEMS), Bloomberg always appears to have an ace up its sleeve in the form of the Bloomberg Terminal, a ubiquitous part of the trading desk. TOMS reference data uses the same security-level data from Bloomberg’s global data services, of particular importance to the vast majority of market participants that are currently preparing for the introduction of the revised Markets in Financial Instruments Directive (Mifid II), covering Mifid II-specific data fields, including liquidity, size specific to instrument (SSTI) levels, large-in scale (LIS), and other security-specific waivers.
The platform has also been granted approval by the Financial Conduct Authority (FCA) in the UK to report securities with an International Securities Identification Number (ISIN) and over-the-counter (OTC) derivatives, as part of the Approved Reporting Mechanisms (ARM) regime within the country.
The fixed-income space has become saturated with electronic trading solutions and platforms in recent years, as the market heads further down the path of electronification, and Bloomberg’s integration of its trading systems is one of its key strengths. Robert Friend, Bloomberg global head of sell-side solutions and research says the firm has been working toward expanding the integration and scope of TOMS.
“We have invested heavily in enhancing our platform to support more complex electronic market-making workflows,” Friend explains. “Our multi-asset pricing and quoting engine is capable of generating real-time quotes from various pricing methodologies and sources, and it is coupled with a robust safeguard and alerting system that automatically monitors market conditions and adjusts external quotes based on trader-defined models and constraints. We are also looking to extend the capabilities of TOMS into our customers’ risk workflows, so that it can provide a window into their vital trading activities.”
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2025: Technology innovator of the year (end-user)—Ruchi Acharya Saraswat, RBC Capital Markets
Ruchi Acharya Saraswat, managing director, head of strategy and transformation, business and client services technology at RBC Capital Markets, wins technology innovator of the year (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Best company for diversity and inclusion (end-user)—BNP Paribas Portugal
BNP Paribas Portugal wins best company for diversity and inclusion (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Wellness/work-life balance award (end-user)—Sarah Mears, MUFG Investor Services
Sarah Mears, chief human resources officer at MUFG Investor Services, wins the wellness/work-life balance award (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Exchange professional of the year—Valerie Bannert-Thurner, Nasdaq
Valerie Bannert-Thurner, executive vice president and chief revenue officer of the financial technology division at Nasdaq, wins exchange professional of the year in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Rising star (vendor)—Hannah Sayson, S&P Global Marketplace
Hannah Sayson, lead product manager of the S&P Global Marketplace, wins rising star (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Data science professional of the year (vendor)—Kaja Zupanc, Duco
Kaja Zupanc, head of machine learning at Duco, wins data science professional of the year (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Vendor professional of the year (data and operations)—Pooja Padgavkar, SmartStream Technologies
Pooja Padgavkar, senior consultant at SmartStream Technologies, wins vendor professional of the year (data and operations) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Vendor professional of the year (trading and risk)—Eva Sehic, Lime Trading Corp.
Eva Sehic, CEO of Lime Trading, wins vendor professional of the year (trading and risk) in the 2025 Women in Technology and Data Awards.