Bridge to Credit Suisse's trade algorithms meant to attract small managers. Credit Suisse has linked its Advanced Integration Services (AES) trade-execution platform to Upstream Technologies' order-management system (OMS) in a bid attract "small-tier" investment managers.

"[AES] always been ideal for the smaller asset managers, but you need an OMS to access them," says Manny Santayana, head of Credit Suisse AES. "Until now this market segment lacked an OMS solution that was both cost-effective and feature-rich enough."

Bridge

Connected to markets in more than 20 countries, AES is a suite of quantitative trade-execution algorithms that lets traders handle trading at a macro level while the AES system handles the details.

Upstream's OMS was designed for managers who direct assets in the $500-million to $10-billion range. It provides access to AES strategies -- which until recently were available mainly to larger firms. Because it's provided as a managed service, users don't have to install software in-house or maintain large IT staffs to run it.

"Smaller asset management firms want an OMS, but have been waiting for a solution that is cost efficient while also providing them the features they need," says Upstream's CEO Mark Hoffman. "The combination of our web-based, managed services with AES's leading algorithms is a giant step in this direction."

Among Boston-based Upstream's clients are Citigroup's Global Transaction Services, Frank Russell, American Century, and PFPC's Advisorport. -FWR

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