Duet Implements LiquidityBook for POEMS
Duet Group has implemented LiquidityBook’s SaaS-based platform as its POEMS (portfolio, order and execution management system).
Duet recently announced the acquisition of two wealth management advisors, effectively adding two additional offices to its existing locations in Hong Kong, London and New York. The firm needed a solution able to take on multiple lines of business, which was supported by LiquidityBook’s flexible architecture.
We manage a number of different asset managers with different business models, all of which need bespoke solutions. LiquidityBook’s powerful platform provides solutions now and going forward, freeing us up to make future decisions without worrying about what it means for our POEMS,” said David Collis, Chief Technology Officer at Duet.
The flexibility of our platform is one of the primary reasons that clients with varying workflows like Duet choose us, as we are able to provide them with powerful order management capabilities that also give them the room to operate as they see fit,” said Sean Sullivan, Chief Revenue Officer at LiquidityBook.
In December it was announced that First New York had also selected LiquidityBook.