Free Resource · OMS Implementation

Is Your Firm Ready for an OMS Implementation?

This checklist comes from real buy-side implementations, not vendor slide decks. Use it before you sign a statement of work — to surface the gaps that will cost you in change orders after you do.

5 readiness domains with 50+ practitioner checklist items
Section-level self-rating: Ready / Mostly Ready / Not Ready
Summary score sheet for your vendor kickoff
Practitioner notes from actual Bloomberg AIM and CRD implementations

What is in the checklist

Most OMS implementations hit change orders because gaps were not surfaced before the SOW was signed. This checklist walks through every readiness domain — with specific items per area — so you know your position before the vendor kickoff.

Section 1

Workflow Readiness — Sample

  • Order entry → allocation → confirmation → settlement workflow documented end-to-end
  • Cross-asset workflow coverage confirmed: equities, fixed income, derivatives
  • Exception types inventoried with ownership matrix and resolution SLAs
  • Manual workaround inventory complete — decision made per workaround: automate, keep, defer
Section 2

Data Readiness — Sample

  • Security master source confirmed with asset class and cross-reference field coverage
  • SSI data complete and current for all active counterparties
  • Historical migration scope defined: years, asset classes, tax lot history
Section 3

Compliance Readiness

  • Pre-trade rule inventory complete with full rule specification per rule
  • Concentration limit aggregation method specified and confirmed with compliance officer
  • Breach escalation and evidence workflow documented per severity level
  • Post-trade monitoring framework mapped against pre-trade rule set
Section 4

Integration Readiness

  • FIX connectivity: all venues listed, FIX version confirmed, certification timeline confirmed
  • Custodian position feeds confirmed: format, frequency, cutoff times
  • Accounting system interface spec confirmed: trade booking feed, reconciliation workflow
Section 5

Organizational Readiness

  • Executive sponsor identified with authority and availability confirmed
  • UAT entry and exit criteria defined — configuration freeze before UAT start
  • Parallel run period confirmed: minimum 4 weeks with defined go/no-go criteria

Sections 3–5 (Compliance, Integration, Organizational Readiness) + full score sheet — enter your email to download the complete PDF.

Get the full checklist →

Need a scored gap analysis, not just a checklist?

The free OMS Readiness Assessment generates a scored report across all five domains — with section-level ratings and specific gap identification. Takes 10 minutes. No payment required.

Take the Assessment (free) OMS Implementation Playbook

Free download

Get the full checklist

Enter your work email and we will send the PDF directly. All five sections, practitioner notes, and the score sheet.

Work email only. No marketing sequence, no upsell cadence. Just the checklist.

Checklist includes

  • Section 1: Workflow Readiness (trade lifecycle, exceptions, workarounds)
  • Section 2: Data Readiness (security master, SSI, migration scope)
  • Section 3: Compliance Readiness (pre/post-trade rules, breach workflows)
  • Section 4: Integration Readiness (FIX, custodian feeds, accounting)
  • Section 5: Organizational Readiness (sponsorship, UAT, vendor governance)
  • Self-scoring summary sheet for vendor kickoff

Ready to talk about your OMS?

30 minutes. No deck. Just a direct conversation about your platform, gaps, and what's realistic.

Schedule a 30-Minute OMS Scoping Call → Run the OMS Readiness Assessment