Boston, November 15, 2017 – Even for buy-side decision-makers with experience in the order management systems and execution management systems space, trying to wrap one’s head around TCO can be like trying to lasso the wind. The hidden and indirect fees can be difficult to quantify, and even managers familiar with the fees may not be aware of some of them. Nevertheless, upgrading a firm’s technology is a matter of when, not if, and TCO should be part of any firm’s decision to pivot its approach to OMS and EMS solutions.

This report provides insight into the different components that contribute to the TCO of OMS/EMS solutions. Based on Q2 and Q3 2017 Aite Group interviews with 15 senior executives at global hedge funds, it reveals respondents’ opinions about their vendors’ cost transparency, the gaps between what their technology currently costs and what they thought it would cost, the breakdown of direct and indirect costs, and how they see the market for this technology changing over time.

This 32-page Impact Report contains 16 figures and one table. Clients of Aite Group’s Institutional Securities & Investments service can download this report, the corresponding charts, and the Executive Impact Deck.