TORA Readies Clients For Shorter Settlement Cycles And MiFID II By Adding Advanced Pre- And Post-Trade Allocation, Commission Management And IBOR Capabilities To Its Cloud-Based OEMS - Known As TORA Ticketing, These New Capabilities Are Also Available On A Standalone Basis For Integration With Other Systems

TORA, provider of the industry’s most-advanced cloud-based order and execution management system (OEMS), today announced the commercial launch of its TORA Ticketing solution. TORA Ticketing provides advanced pre- and post-trade allocation, trade reconciliation, commission management and investment book of records (IBOR) functionality. This new solution is available as a module within TORA’s OEMS and portfolio management system (PMS), or as a standalone application that can be integrated with third-party systems.