Beyond Buy vs. Build: Why the ‘Buy and Build’ Approach is the Future of Electronic Trading

Your trading firm is at a crossroads. The legacy Order Management System (OMS) that once served as your backbone is now a rigid liability, unable to keep pace with the dynamic, high-speed demands of today’s markets. The alternative, which is dedicating years and millions of dollars to building a new system from the ground up, seems like a prohibitively slow and risky endeavor.

 

Neither path provides the speed, agility, and control you need to secure a competitive edge.

 

The old “buy vs. build” dilemma is a false choice. A more strategic, modern solution is emerging: the “buy and build” approach. This model is the future of trading technology, offering the stability of a proven, powerful platform combined with the freedom to innovate and adapt as quickly as the market demands. It’s the ultimate combination of control, speed, and cost-efficiency.

 

Buy: A Fully-Featured Platform Out-of-the-Box

With Marvelsoft’s modern solutions, you can immediately access a comprehensive, secure, and fully managed trading platform designed to streamline your order management and execution workflows. This is the solid foundation that handles the complex realities of modern trading, freeing your team to focus on what matters most.

 

Our MTP (Marvelsoft Trading Platform) comes with all the core trading platform blocks:

 

  • Order and Execution Management: A moldable front end for all your low-touch and high-touch activities, supporting multiple asset classes including Equities, Fixed Income, FX, and ETFs.
  • Algorithmic Trading & Smart Routing: Instantly deploy sophisticated algorithms powered with our top-notch SOR.
  • Extensive Risk Management: Configure pre-trade and post-trade risk checks, validation rules, and custom controls at the user, strategy, and asset level.
  • Connectivity: Our connect hub ensures dynamic, intelligent routing to optimize every trade via buy and sell side connectivity and venue connectivity.
  • Program Trading: Execute multi-asset strategies with our basket trading module, which minimizes manual interaction and provides analytics for precise trading.

 

Build: The Power of an Open Architecture

MTP is more than just a platform; it’s a foundation for innovation. With a modern, modular architecture, you can harness our robust API framework to build custom solutions that give you a competitive edge.

 

The real power of the “buy and build” model lies in its “build” capabilities. Marvelsoft’s build capabilities are powered by a robust API framework:

 

  • Open API Messaging Bus: Leverage a unified messaging bus equipped with natively supported APIs across more than ten programming languages to develop your proprietary microservices by utilizing the existing core platform elements.
  • Algo API Framework: Our low-latency, fully managed Algo API is your blank canvas for innovation. You can rapidly prototype, backtest, and deploy custom trading strategies in Lua, C++, or Rust.
  • Connectivity Intelligent Automation: Leverage a top-class FIX connectivity platform with strong APIs for any proprietary dynamic or static routing rules creation.
  • ML & AI Analytics: Leverage any of the above API framework helpers to tap into our analytics engine and create your alpha-winning workflows.

 

Conclusion: The Best of Both Worlds

 

The “buy and build” approach eliminates the compromises of the past. It offers the speed and stability of a pre-built platform while giving you the flexibility and control of a custom-built solution.

In a market where agility is a non-negotiable asset, this strategic model allows you to immediately access a powerful, secure platform and then tailor it to your unique needs, ensuring you stay ahead of the curve. It’s the new standard for building the future of your trading technology.