Case Study: Morgan Stanley Investment Management achieves a cost-effective global EMS with Connamara

Morgan Stanley Investment Management builds a cost-effective global EMS with Connamara, updates for MiFID II in 6 months

Morgan Stanley Investment Management (msim) needed to build a cost-effective global execution management system (EMS) with complex integration requirements for its in-house order management system. Their previous solution was expensive and could not handle high message volumes, and the firm felt it lacked the necessary FIX protocol expertise. They engaged the vendor Connamara Systems for its custom software solutions and deep capital markets knowledge.

Connamara implemented the solution using its agile methodology, working closely with msim's global teams and even embedding an engineer to ease integration. The vendor expertly handled complex technical challenges, such as adding Kerberos security to ZeroMQ and contributing it back to the open-source community. The resulting platform was less expensive and more reliable than its predecessor. msim re-engaged Connamara for MiFID II compliance, which was completed in just six months, leading to a highly successful partnership.

Morgan Stanley Investment Management (msim)