For Immediate Release
Esposito Securities Switches to SS&C’s MarketTrader
Rapid implementation of new OMS gives Dallas-based agency broker-dealer improved scalability and service
WINDSOR, CT, March 6, 2018 (PR NEWSWIRE) – SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced Esposito Securities LLC, a leading securities broker-dealer, has gone live on SS&C’s premier order management solution, MarketTrader.
In an increasingly complex and competitive environment, agency brokers are reluctant to change OMS technology and impact their client trading flow with migration issues and errors. SS&C was able to deliver Esposito a risk-free transition to MarketTrader that successfully improved its service levels and reduced operational costs.
“I can’t say enough good things about the team at SS&C,” said Mark Esposito, Chief Executive Officer, Esposito Securities LLC. “SS&C’s attention to detail and industry experience ensured the transition to the new platform was as seamless as possible. Our clients were up and running in no time with superior technology helping them to exceed their own clients’ expectations.”
David Auerbach, Senior Trader and REIT Specialist for Esposito added, “The conversion to MarketTrader was quite possibly the easiest transition I have had with an OMS solution after almost 20 years in the business. We appreciate the premium level support we receive from our dedicated team. Anyone looking for an OMS should consider SS&C’s MarketTrader as a strong candidate.”
MarketTrader is supported by SS&C’s services and support team consisting of processes, tools and expertise that helps clients run their trading desks more efficiently. SS&C’s onboarding capabilities make it possible for clients to run their business with virtually no disruption while using the power of its technology towards a more nimble, scalable operating environment.
Shannon Norris, Chief Technology Officer for Esposito, commended MarketTrader’s cutting-edge advances. “The ability to have real-time database access to current and historical trading information is invaluable, and allows us to operate with a level of proficiency that was not previously possible.”
“We are pleased to have an opportunity to work with Esposito,” said Marcos Frisaura, Vice President, MarketTrader. “Esposito provides a unique blend of advanced technology with premium, high execution services. MarketTrader provides Esposito with the scalable, cost-effective technology and services they need to optimize performance and maintain excellent client service."
About Esposito Securities LLC
Esposito Securities LLC is a broker-dealer headquartered in Dallas, Texas. The Firm provides an array of financial services including global institutional equity trading, derivative sales & trading, ETF sourcing and corporate access to a diverse range of institutional investors. Esposito is a registered broker-dealer with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board (MSRB), and is a member of the following: Financial Industry Regulatory Authority (FINRA), The National Futures Association (NFA) and the Securities Insurance Protection Corporation (SIPC). To learn more about Esposito Securities and other Esposito companies, please visit www.espositosecurities.com.
About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled services and software for the global financial services industry. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 11,000 financial services organizations, from the world’s largest institutions to local firms, manage and account for their investments using SS&C’s products and services.
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