[ S U R V E Y | E X E C U T I O N M A N A G E M E N T S Y S T E M S ]
Neovest
Neovest, a wholly owned but independently operated subsidiary of JP Morgan, has experienced strong growth amid ongoing consolidation in the EMS market. In an effort to enhance its offering and support its clients, Neovest’ s solution, PortfolioOne, covers the full investment process, empowering clients to monitor portfolios, conduct risk assessments, send orders to their brokers, perform necessary compliance checks and manage their positions. The platform covers equities, ETFs, listed derivatives, FX and commodities. Of Neovest’ s approximately 600 buy-side clients using its EMS, 29 responded to this year’ s survey. Over the next 12 months, with the belief that the future of EMS lies in seamless, intelligent and user-centric platforms that empower users to focus on outcomes, not tools, Neovest will be focusing on workflow optimisation with the goal of simplifying the user experience— enabling traders to accomplish their tasks quickly and intuitively, without needing to navigate between disparate systems or interfaces.
Neovest received an overall average score of 5.98, representing a decline of-0.32 from last year but still well above this year’ s survey average of 5.71. Similar to other vendors, Neovest also experienced declines across all categories, with the largest drop in ease of integration to internal systems(-0.58). In terms of the survey benchmarks, Neovest achieves overall outperformer and category outperformer status across all service areas under review. Key areas such as cost and client service surpass the category average by 0.68 and 0.51 respectively.
Clients responding to Neovest in this year’ s survey were evenly distributed between North America( 47 %) and Asia-Pacific( 40 %). In addition, 40 % of respondents were from firms managing between $ 1 billion and $ 10 billion in AUM.
Sample feedback from respondents included the following:
• Better suite of algos
• Easier onboard and ability to switch prime brokers and allocations across different accounts
• More detailed reporting and charts
• Easier creation of custom baskets and better integration with Bloomberg
• Enhanced mobile app abilities, including real-time positions via mobile
NEOVEST RATINGS FOR EMS PERFORMANCE
Reliability and availability |
Latency |
Client service personnel |
Ease-ofuse |
Handling of new versions / releases |
Breadth of broker algorithms |
Timeliness of updates for broker changes |
FIX capabilities |
6.27 6.32 6.23 5.84 5.84 6.04 5.85 6.42
Breadth of asset class coverage |
Breadth of direct connections to venues |
Product development |
Ease of integration to internal systems |
Overall cost of operation |
Average score |
5.75 6.02 5.51 5.76 5.88 5.98
KEY STATS Overall Outperformer: Category Outperformer: X13
6.42
Highest score( FIX Capabilities)
5.51
Lowest score( Product development)
N / A
Most improved( N / A)
-0.58
Least improved( Ease of integration to internal systems)
74 // TheTRADE // Q3 2025