FGC TMS - A FIXED INCOME TRADING AND
TRADE MANAGEMENT SYSTEM.
- Cloud-native SaaS Based Fixed Income System
- Trading, Operations, Clearing, Risk & Compliance Engine
- Trusted by leading Broker Dealers
- Cut your system costs by 50%+
Built for the full trade lifecycle
Four core pillars that power your Fixed income operations
Multi-Protocol Trading
Whether you are a sell-side firm, a buy-side firm, or a wealth management firm, you can interact with markets consuming market data, and trading using a host of protocols such as CLOB, Quotes, RFQs, Auctions, Lists and Portfolios across all Fixed Income ECNs. FGC TMS will customize the trading to your needs.
Post-Trade Operations in One Place
One place to monitor trades, positions, breaks, P&Ls, payouts, and regulatory status. No spreadsheets, no guesswork. Three-way reconciled: what you traded, what you cleared, and what you reported.
Built-In Compliance and Risk
Real-time monitoring, alerts, and audit trails of risk and compliance controls built directly into daily workflows.
Managed SaaS Delivery
Fully managed cloud service with monitoring, upgrades, and support handled by Fintech Global Center, an ISO 27001 and a SOC2 Type II certified company.
What is the legacy tax?
You're paying top-tier pricing, but still relying on spreadsheets and people to glue everything together.
Broken Trading Workflows
Managing positions and interests across multiple trading protocols across multiple ECNs, to suit your trading needs, is complex and difficult to achieve, leaving money on the table.
Fragmented Lifecycle Visibility
Trade execution, clearing, settlement, and regulatory reporting live in separate systems, making it hard to answer a simple question: Is this trade fully complete, cleared, and reported correctly on time?
Breaks Found Too Late
Breaks are often found end-of-day or next-day, turning manageable issues into urgent escalations.
No Single View of the Business
Traders, managers, management, operations, risk and compliance all seem to have different views and different systems, making it difficult to have a unified view of the business across all groups.
Spreadsheet-Driven P&L and Payouts
Daily P&L and monthly payouts are often assembled manually, making them slow, fragile, and dependent on a small number of spreadsheet experts. Custodian funding charges arrive at a firm level and are difficult to allocate cleanly, leading to confusion and payout disputes.
Limited Management Insight
Leadership lacks modern business intelligence tools for a real-time, unified view of P&L, inventory, aging, risk, and performance across desks.
How does 
tackle the legacy tax?
FGC TMS, trusted by broker dealers worldwide, is designed for trading and operational excellence, built to solve real problems, now.
View the video below to know how FGC TMS eliminates the legacy tax.
FIXED INCOME TRADING -EVERY PROTOCOLEVERY ECNONE SYSTEM
FGC TMS supports all major trading protocols used in fixed income markets, such as Quotes, Orders, Negotiated RFQs, and List and portfolio trading, across all ECNs.
RFQ
A trader can initiate an RFQ or request quotes from specific dealers with back-and-forth negotiation and "last look" confirmation or Firm. We support all variations supported by each respective ECN.
Quotes & Orders
An order or a Quote where the best bid matches the best offer, for an immediate, automatic execution, or on the basis of "last look" as applicable.
Auction
A time-based session on an ECN to concentrate liquidity for a specific set of securities with price discovery, pre-match, match, negotiations and workup windows.
List / Portfolio
Trade a bundle of securities as a single list or a portfolio, all-or-none or partial fills. A rapidly growing trend in fixed income.
: A CENTRALIZED TRADING,
OPERATIONS AND COMPLIANCE HUB
FGC TMS consolidates your entire trading and post-trade world into a single system, transforming your team from manual and fragmented teams into proactive problem solvers and a well-coordinated task force.
"Transform your team into an efficient, coordinated fixed income trading team."
COMPATIBLE WITH YOUR EXISTING ECOSYSTEM*
FGC TMS connects to the ECNs and clearers fixed income desks already use, including Tradeweb, MarketAxess, Trumid, ICE BondPoint, Bloomberg, Pershing, RBC and Wedbush, and supports FINRA, MSRB and MiFID reporting workflows. New venues and custodians can be onboarded as your business needs change.
*All product names, logos, brands, and trademarks featured above are the property of their respective owners.
Migrate to FGC TMS without missing a trade
Parallel run migration means you validate everything before cutover. No gambling with your desk.
Discovery & Connectivity
We map your current systems, workflows, and data, trading and clearing sources.
Data Mapping & Workflows
Configure your books, accounts, specific business rules and integrations with vendors.
Parallel Run Validation
Match P&L, payouts, and exceptions side-by-side with existing systems.
Cutover & Stabilization
Seamless transition with full support and monitoring.
Why FGC TMS?
Institutional expertise meets modern SaaS delivery
30+ Years Building Trading Systems
Our team has designed and operated mission-critical platforms in New York, London, and beyond. Trillions of dollars' worth of transactions have been executed by global financial institutions on systems built by us.
SOC 2 and ISO 27001 Certified
ISO 27001:2022 and SOC 2 Type II certifications provide our clients with verified assurance that their data, systems, and financial workflows are protected by regularly validated controls.
US-Based Success Hub
Discovery, oversight, and relationship management from our US team ensure alignment with your business needs.
Global R&D Center in India
24×5 monitoring, engineering, and support. Round-the-clock weekday coverage for mission-critical operations.
What clients say
Feedback from broker-dealers and fixed income veterans who have seen TMS in action
Latest from FGC on LinkedIn
The latest FGC TMS updates and fixed income insights from Fintech Global Center on LinkedIn.
READY TO MODERNIZE YOUR FIXED INCOME
TRADING & OPERATIONS?
See how FGC TMS can bring clarity and control to your Fixed income trade lifecycle.
Common questions about FGC TMS
Get answers to common questions about FGC TMS
FGC TMS is a cloud-based Trading and Trade Management System built specifically for fixed income broker dealers, both sell-side and buy-side firms. It is a full replacement for legacy systems such as TOMS, delivering superior customized trading, post-trade automation, real-time reconciliation, and advanced P&L and payout reports at a significantly lower cost. The platform manages the entire trade lifecycle from positions, quotes, orders, trading, execution, clearing, settlement, regulatory reporting, and risk and compliance. It provides a single, accurate source of truth for traders, operations, compliance, and management.
FGC TMS is designed for sell-side and buy-side broker dealers with small to large trading desks and moderate-to-high daily trading volumes. It is especially ideal for firms where a legacy system is too expensive, inflexible, or operationally burdensome. These firms typically face profit margin pressure and rely heavily on broken and manual processes. FGC TMS helps them regain efficiency, transparency, and control without enterprise-level costs.
FGC TMS is a modern, cloud-native platform built to address the operational gaps left by legacy systems. While a legacy system is costly, rigid, and heavily dependent on manual processes, FGC TMS offers integrated trading, customized trade workflows, real-time clearing, reporting, reconciliation, automated P&L and payouts. It is significantly lower in cost and designed to evolve continuously. Most importantly, it reduces operational risk instead of adding to it. We can customize the trading, reports, and workflows to suit your needs.
Yes. FGC TMS is already live as a full legacy system replacement for multiple clients in the US and UK. It supports all core legacy system functions, including trade blotters, clearing and settlement workflows, positions and P&L, finance charge allocation, compliance controls, and regulatory reporting. Clients typically run FGC TMS in parallel with their legacy system before switching fully. This ensures a smooth, validated transition with minimal risk.
Firms switch to FGC TMS for four core reasons: integrated and customized trading workflows, significant cost savings, operational sanity, and enhanced risk and compliance controls. The platform replaces swivel chair trading, manual, error-prone processes with automation and real-time visibility. It turns fixed income operations from a daily fire drill into a controlled, predictable process. This directly improves profitability and control.
FGC TMS is live in production and solving real operational challenges today. Built by fixed income industry veterans, it is SOC2 Type II and ISO certified, ensuring strong security and compliance standards. Clients can validate the system in parallel before committing, reducing risk. Trust is earned through transparency, performance, and proven results, not brand size alone.
Talk to the FGC TMS team
We'd love to hear from you.
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US office
India office
18th Floor, GIFT Two Tower,
Gujarat International Finance Tec-City,
Gandhinagar, Gujarat 382355
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