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Eze Software Group, a provider of global investment technology, recently announced that it has been issued a patent for its execution management system, the RealTick EMS. The Patent numbered 8,352,353 by United States Patent and Trademark office covers the proprietary technology and methodology for the staging of electronic orders into a neutral (aggregation) account for execution.

"We are excited to have been issued this patent," said Daniel Rooney, president of Eze Software Group's RealTick EMS division. "RealTick has always been a leader in providing multi-broker functionality and this patent recognizes that strength. Since its release, a majority of our customers have adopted Neutral Account Staging for aggregated orders as their preferred workflow.

"RealTick's patented method uses a two-tier accounting system, where the parent-order is staged into a neutral aggregation account and each child-order is placed in a broker sub-account," said Derek Gover, director of trading systems development for Eze Software Group's RealTick EMS division and co-inventor of the patented system.

The RealTickTM EMS, a global multi-broker, cross-asset electronic execution platform, integrates real-time quality market data to provide market analysis and direct-access trading. The RealTick EMS is a comprehensive solution for decision support, order entry and order routing, automated reporting for the middle and back office and position management including SOD/EOD/Clearing files, risk management tools and execution documentation. The Realtick EMS support team is also available via e-mail or by phone

"The details of the child-order are revealed only to the broker executing that portion of the order." "This is an important and exciting milestone for Eze Software," said Tom Gavin, chief executive officer of Eze Software Group. "It is a testament to the talent and expertise of our employees, and of our dedication to providing innovative and cutting-edge technology solutions."