BMS & Gamma Three Announce New Multi-Asset FIX Electronic Trading

Black Mountain Systems, a leading financial asset management software solutions provider, and Gamma Three Trading, a premier electronic trading and settlement solutions provider, have announced a partnership to offer a powerful trading solution for institutional investors and investment fund managers. Customers of Everest—Black Mountain’s portfolio data aggregation, credit research management, and trade order management system—now have the ability to send orders and capture trade details electronically through Gamma Three’s FIX engine.

Everest customers can improve their trade order workflow by connecting seamlessly to multiple trading destinations in real-time across all asset classes, including equities, fixed income, rate products, foreign exchange, and options, futures and OTC derivatives. Everest users are able to eliminate double entry of trade and execution details, greatly improving efficiency and reducing operational errors.

“Adding real-time electronic trading to Everest greatly improves straight through processing for our clients,” explained Kevin MacDonald, Black Mountain Systems co-CEO. “Whether our customers initiate trades directly out of Everest or capture trades from external trading sources, the trading activity is centralized in Everest.”

Gregg Drumma, founder of Gamma Three Trading, comments, “Combining Gamma Three’s FIX solution with Black Mountain’s Everest provides electronic access to dozens of global trading partners for their existing users. Gamma Three works with the top exchanges, broker dealers, and execution platforms to provide its clients seamless access to trading destinations.”