In a strategic move to develop its footprint in India’s financial industry, Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals has acquired Omnesys Technologies Pvt. Ltd, provider of sell-side order management systems (OMS) and high frequency trading solutions for Indian exchange traded instruments.
The acquisition will further extends and complements Thomson Reuters financial market data desktop and feeds offering to the financial industry in India. By combining Omnesys Technologies’ market-leading sell-side order management system and high frequency trading capabilities with Thomson Reuters content, analytics, quant and event driven trading infrastructure, the company now offers Indian customers a portfolio of integrated and innovative solutions for exchange traded instruments that are tailored to their market.
Omnesys Technologies’ Pvt. Ltd. products range from multi-asset, multi-venue trading systems, Indian market data and connectivity solutions for sell-side firms, focused on institutional, retail and proprietary trading institutions. The main product suite, Omnesys NEST is a platform of choice for leading institutions, brokerages and exchanges in India.
“The acquisition of Omnesys Technologies Pvt. Ltd. is an exciting step forward in expanding Thomson Reuters regional presence and demonstrates our ongoing commitment to the financial marketplace in India,” informs
. “Thomson Reuters is now able to offer a suite of transaction solutions to sell side institutions and exchanges in India, allowing us to seamlessly integrate this capability with our world-class content and technology. Moreover, it provides us with a new opportunity to service the Indian equities market with a powerful combination of desktop content, analytics, feeds and transaction capabilities,” he added.
“Omnesys Technologies Pvt. Ltd. is delighted to have found a strong industry leader in Thomson Reuters that shares a passion for customers and growing business in India,” feels Shrikant Pandit, CEO, Omnesys Technologies Pvt. Ltd.
As part of the acquisition, Pandit will continue to lead the Omnesys business and will oversee its integration with Thomson Reuters.