BlueCrest Capital Management installs Eze EMS with SS&C Technologies

Hedge fund BlueCrest Capital Management switches to SS&C Eze for multi-asset execution and trade automation.

BlueCrest Capital Management has installed the execution management system (EMS) Eze from SS&C Technologies to boost its multi-asset trading processes.

The hedge fund has transitioned its equities, equity futures and options trading to the Eze system, providing its traders and portfolio managers with advanced execution features through a single flexible platform.

Over the past year, SS&C said it has made multiple improvements to trade automation on Eze using artificial intelligence and machine learning technology for intelligent functionality. Clients can access liquidity, the improved functionality via APIs, and increased security on the Eze platform.

“We are excited to welcome BlueCrest Capital Management to Eze EMS,” said Michael Hutner, senior VP and general manager of SS&C Eze. “SS&C Eze is committed to working closely with our customers to develop, deliver and support technology that will help them successfully navigate the current market environment.”

SS&C Technologies acquired Eze Software in October 2018 for $1.45 billion. The trading systems provider offers its EMS and an order management system (OMS) solution to asset managers. SS&C added around 1,050 employees in 15 offices and more than 2,500 clients across five continents following closure of the deal.

In April, SS&C said it onboarded more than 110 clients to its front-to-back Eze Eclipse platform since its launch last year. Eze Eclipse combines the front-office order management software of Eze and the middle- and back-office services of SS&C GlobeOp.