ETNA OMS API Demo at NewFinance FinTech Meetup

ETNA OMS API

Roman Zhukov, CEO, ETNA

Roman Zhukov, CEO of ETNA, will be presenting their REST-based ETNA OMS API at NewFinance Meetup – Robo-advisor Revolutionaries.

Join ETNA and New Finance for a night of FinTech Innovation. The theme for the event is Robo-Advisor Revolutionaries. Roman will speak about their newest technology – ETNA OMS API –  that helps new robo-advisory startups to jump start their business. It will take place on May 25, 6-9 pm at RISE, 43 W.23rd St, New York.

ETNA has been creating trading software since 2012. Its flagship product ETNA Trader, a online trading platform, is currently private labeled by 20% of the Barron’s Best Online Brokers List 2016 by Wall Street Journal.

ETNA OMS API

In 2015 ETNA OMS API with Back Office was released to further expand the capabilities of the white label trading platform. ETNA OMS API dramatically reduces the process complexity associated with trading securities. It allows robo-advisor firms and alternative investment platforms to focus on their core business and value proposition rather than on standard trading technology. ETNA OMS API takes care of trade execution and automates pre- and post- trade operations of a robo-advisory firm.

A lot of startups fall in the trap of re-inventing the wheel, building standard trading components like OMS from scratch wasting investors’ money and time.  Most of the functionality of the OMS is dictated by law, industry rules and 3rd parties, such as execution and clearing companies. By leveraging ETNA’s adaptive REST API, rob0-advisors can streamline core operations and focus on what really matters – growth.

ETNA OMS API Functionality includes:

  • Downloads SOD (start of day) files from the clearing firm
  • Receives trading orders and routes them to the appropriate execution venue
  • Tracks the progress of each order through its life cycle
  • Maintains the positions
  • Calculates buying power, margin requirements, and account balances of each trading account in real time
  • Sends drop copies to all appropriate receivers
  • Uploads the end of day trade file to the clearing firm and reports to regulators.

Come join us on May 25 to learn more about robo-advsiory business and how you can leverage ETNA’s technology for building one, fast and efficient. There will be robo-advisory firms presenting their technology during the night and an open discussion with both speakers and delegates on the future of the robo-advisory will follow.

Tickets can be purchased here. Contact us today to get more information on our offering for FinTech firms.