TORA today announced that it has been named "Best OMS Provider" at the HFM European Hedge Fund Technology Awards.

The awards, presented on September 12 at a ceremony in London, recognize technology providers serving the hedge fund sector that have demonstrated exceptional customer service and innovative product development over the past twelve months.

Commenting on the award, TORA CEO Robert Dykes said: "We are thrilled to receive this award and believe it recognizes the many enhancements we’ve made to our OEMS, including new middle- and back-office capabilities, that help clients meet the demands of shortening settlement cycles and the best execution and reporting requirements of MiFID II. We delivered these capabilities on the same high-performance platform clients use for trading, portfolio management and compliance which results in exceptionally high performance and throughput throughout all stages of the trading lifecycle.”

TORA provides a fully-hosted solution that has everything you need to run a fund including an EMS, OMS, TCA, PMS, market risk, reconciliation and a global FIX network. Available separately or as unified solution, each component has been built in-house by TORA which greatly reduces maintenance costs and the time it would take to manage a multi-vendor solution.