For funds
A closed order management system is a lease: you pay every year, change it on the vendor's schedule, and start over when you leave. Open Meridian is the open-source OEMS your fund owns from day one.
Rent or own
| Renting a closed OEMS | Owning Open Meridian | |
|---|---|---|
| What it costs to run | An annual licence, often per seat | Free when you run it yourself |
| Changing a workflow | A change request, and a place in the vendor's queue | Change it yourself, or add a plugin from another vendor |
| Where your data lives | On the vendor's systems | In your own environment, under your control |
| What is inside | Closed. You take it on trust | Open source. Your team and your auditors can read it |
| Leaving | A migration project | Nothing to leave: it is already yours |
Getting started
Decide what your desk wants that no vendor gives you. Plan your deployment: see your stack in three answers.
Run Open Meridian on a laptop in half an hour, and have your AI agent build the tool, live, with every save running in about a second.
Run it in your own cloud as a UAT or production deployment, connect your custodians and brokers, and see your tool work against real accounts and data.
Use cases
Today
Your own reconciliation agent checks every custodian and broker statement against your book the moment it arrives, traces each break to the activity behind it, and proposes the fix for your team to approve.
Today custodians reached through a connector
Building valuation across them
Positions, cash and activity from every custodian and broker in one book of record, each figure traceable to the statement it came from.
Today records
Building per-role access
Every change, by every person and every agent, recorded with who did it, through which tool and why; access granted per role, so each desk sees and does only what it should.
Building
You will be able to pull prices and data across markets and sources into one place, and validate an idea before it reaches the book.
Building
You will be able to compare two dealers' price action side by side on the same timestamps, to see what your orders moved and who quoted you best.
On the roadmap
Restrictions and limits written once in one language and applied to every account and every order, with surveillance built on the same records.
Shape what comes next
Request it on GitHub, where every request gets an answer, or book a call; whatever we build goes into the open platform, so share only what you're happy to see public.