Eze Software - Competitors and Alternatives

A detailed breakdown of the

Features of SS&C Eze

Are you considering Eze Castle competitors? We start by reviewing the functional scope of Eze's product, and in the next section we list the alternatives you might want to consider.

Note: Vendor information here is based on company websites, industry publications and online review sites such as G2, Gartner, TrustRadius and Capterra. Such pages have been reviewed in June 2024 as a basis for this article.

Eze OMS

Limina

Simulate portfolio changes

Rebalancing & order entry

Investment compliance

Order planner

Benchmarks (e.g. in rebalancer)

Look-through

Risk management

Import-export engine

Data quality controls

Performance attribution

Cross-asset

Shadow NAV

Portfolio administration

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A list of the

Best Eze Software Competitors

A downside of Eze Castle Integration is its multiple solutions. The synchronisation of transactions, positions, and cash between systems is expensive and risky. This syncing is further complicated by the fact that this data is state-dependent. For example, the Order Management System (Eze OMS) might have simulated orders. This is a different data view from the post-trade view in the Portfolio Administration (Eze PMA) tool.

The user workflow becomes fragmented, and it’s difficult to understand what data you’re looking at in the various applications. When something goes wrong (e.g., a settlement failure), the risk of incorrect trading increases significantly.

Below are 6 competitors to Eze Software, especially the Eze OMS. Eze also offers a portfolio accounting and execution system, and we'll note which vendors compete with the full Eze Investment Suite.

Limina IMS

At Limina, we are a team of former investment managers. We have often been through system selections and know how challenging it can be. We hope that this list can be of good help to you.

Limina IMS is an investment management software that is often a solid alternative to Eze. If you’d like to explore Limina, we’ve created a video about who Limina is a good match for and an article about when Limina is not the best choice.

Bloomberg Asset and Investment Manager (AIM)

Bloomberg Asset and Investment Manager (AIM) is Bloomberg's Trade Order Management System (OMS). It covers only the OMS part of an Investment Management Solution scope.

Bloomberg's solution suite also includes portfolio management capabilities through its product Bloomberg PORT.

Bloomberg AIM comes with extensive market data coverage included through the Bloomberg terminal. The downside is that all users must have a terminal, even in operations.

Charles River Development (part of State Street)

Charles River Development's Investment Management Solution (IMS) is a robust platform enabling firms to optimise many investment processes. It has a broad functional set, including order and execution management and compliance monitoring.

Charles River (CRD) services mostly large asset managers but also mid-sized managers. Online reviews mark it down on implementation, while the scalability and flexibility of the solution are vital points.

Enfusion

Enfusion's investment management platform is a broad offering, primarily built for hedge funds. The solution includes accounting, order management, compliance monitoring, and performance tools.

Enfusion aims to simplify complex workflows and enhance operational efficiency for hedge funds. The solution is multi-tenant, and users get weekly system updates.

S&P Markit Thinkfolio

S&P's Thinkfolio (formerly IHS Markit Thinkfolio) is a Portfolio Management System (PMS), and also covers order management.

Thinkfolio aims to enhance portfolio visibility and improve decision-making processes. The software started in Fixed Income but now covers multiple asset classes.

Thinkfolio was acquired by Markit in 2014, and then Markit was, in turn, acquired by S&P in 2022.

SS&C Advent: APX, Moxy, Genesis, Geneva

Oddly enough, Eze has a competitor owned by the same parent: SS&C Advent with products APX, Moxy, Genesis and Geneva.

While Advent traditionally has been more robust in the Back Office and Eze in the Front Office, they have overlapping offerings today. The Moxy product by Advent is an Order Management System (competing with Eze OMS), and APX/Geneva are admin/accounting systems (competing with Eze PMA).

Advent’s solutions, just like Eze, integrate to enable end-to-end workflows.

Why consider Limina IMS

Covering functional needs is step one. Beyond that, any system must be smooth to work with to be a better alternative.

One system

Single database
Holistic workflows

No workarounds With all features covered, there is no need for workflows outside the system.

SAVE 4 HOURS PER DAY Efficient workflows and clever automation through an exception-based approach.

What clients are saying

AvanzaAsset management department of bank

By adopting Limina's scalable platform, Avanza has launched 33% additional funds without having to scale its investment operations team. They achieved:

Decreased dependency on single individuals - by replacing spreadsheets
Improved operational efficiency - by increased automation

AtleBoutique asset manager

"It’s such a modern portfolio management system – not only because it’s cloud-based, but the entire process flow and information I get is complete and up to date. It’s simple to use, flexible to work with, and it minimises the time for the entire trade workflow." / Portfolio Manager
"Limina helps us reduce operational risks." / CEO

Eze Software - Competitors & Alternatives