Bloomberg SSEOMS Alternative - ZagTrader

We understand that every organization has its own set of rules and requirements which makes it different than any other organization. Most vendors in this space provide a one size fits all solution which does not provide the comfort level needed to run your operations and scale on it.

ZagTrader over the years has developed an advanced customization engine which allows the organization to write their own code if they needed to control or override or complement existing rules related with the organization management decisions. Such rules include but not limited to Order Placement, Pre-Trade Assessment, Post-Trade Allocations, and, much more. For example, imagine you are able to tell a platform not to accept and order for a security that does not have a certain feature or a client not mapped to it or go to the extreme of adding a rule that no graphical interface can capture such as  “Reject and order” of the symbol starts with a “letter A” and the last name of the client ends with the “letter Z”, and, it’s “Tuesday noon”. Such rules add one line of code in the ZagTrader custom plug in builder. Just imagine flexibility on your side can do for you.

Another use case on the Pre-Trade maybe we have a Black List Database running in a different platform and we wish to cross check it real-time before the order is accepted, and if not, provide a meaning full rejection reason back to the user. These rules are centralized and can (by choice) apply on all channels such as client entered orders, employees entered orders, institutional orders arriving via FIX etc.