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ConvergEx Announces Integration of Eze OMS(TM) with MarketAxess(R)

NEW YORK and BOSTON, Aug. 20 /PRNewswire/ -- ConvergEx, a premier provider of investment technology solutions and global agency brokerage services, today announced that Eze Castle Software has integrated its Eze OMS(TM) with MarketAxess(R), a leading fixed income trading platform.

This integration offers mutual clients a simplified investment process by streamlining the workflow between the two systems. Traders can enter orders in the Eze OMS or MarketAxess, as well as send trade and execution information between the trader's blotter and the MarketAxess platform. The combined capability provides clients with additional execution alternatives for credit instruments and increases their overall operational efficiency.

"Eze has long been committed to providing our clients easy access to leading execution venues for a wide range of asset classes," said Rob Keller, CFA, managing director of Global Product Management at ConvergEx's Eze Castle Software. "Through our integration with MarketAxess, we offer clients single-click access from the Eze OMS to 54 of the leading dealers for fixed income execution in the US."

"We are pleased to partner with Eze Castle, to offer increased efficiency and liquidity to our mutual clients," said Nick Themelis, CIO of MarketAxess. "The MarketAxess straight through processing (STP) solution allows our clients to easily execute trades and seamlessly display the trade details within the Eze OMS. This is especially relevant in the current volatile markets."

Eze Castle Software delivers investment technology solutions to global investment managers. The award-winning Eze OMS leverages a real-time open architecture to streamline the investment cycle for all asset classes -- from idea generation through settlement. The Eze OMS provides functionality to support portfolio management, compliance, trading, and operations in a single platform. Today over 380 buy-side firms use the Eze OMS to manage their investment process.

About ConvergEx

BNY ConvergEx Group, LLC provides investment technology solutions and global agency brokerage services to institutional clients worldwide. The Company's key business lines -- Investment Technologies, Liquidity & Execution Management and Intermediary & Clearing Services -- provide a full array of leading technologies and an integrated platform of performance-driven, global trading capabilities. BNY ConvergEx Group is comprised of the following businesses: BNY ConvergEx Execution Solutions LLC (member NYSE/FINRA/SIPC), LiquidPoint, LLC (member CBOE/SIPC); Eze Castle Transaction Services LLC (member FINRA/SIPC); Westminster Research Associates LLC (member FINRA/SIPC); G-Trade Services LLC (member FINRA/SIPC); BNY Jaywalk LLC; ConvergEx Global Markets Ltd. and Eze Castle Software LLC. Additional information is available at www.bnyconvergex.com.

About MarketAxess

MarketAxess operates one of the leading platforms for the electronic trading of corporate bonds and certain other types of fixed-income securities, serving as an electronic platform through which our approximately 650 active institutional investor clients can access the liquidity provided by our 54 broker-dealer clients. MarketAxess' multi-dealer trading platform allows our institutional investor clients to simultaneously request competitive, executable bids or offers from multiple broker-dealers, and to execute trades with the broker-dealer of their choice. MarketAxess offers our clients the ability to trade U.S. high-grade corporate bonds, European high-grade corporate bonds, credit default swaps, agencies, high-yield and emerging markets bonds. MarketAxess also provides data and analytical tools that help our clients make trading decisions, we provide connectivity solutions that facilitate the trading process by electronically communicating order information between trading counterparties and we provide our clients with ancillary technology services. Our DealerAxess(R) trading service allows dealers to trade fixed-income securities with each other on our platform. For more information, please visit www.marketaxess.com.

    Contact: Elizabeth Anderson
             EAnderson@bnyconvergex.com
             212-468-7713

SOURCE ConvergEx

Copyright (2009) PR Newswire. All Rights Reserved.
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