Siepe, a trusted provider of software and technology-enabled services for alternative investment and credit managers, today announced the integration of its Order Management System with Octaura, an electronic trading platform for syndicated loans and collateralized loan obligations (CLOs), enabling straight-through order routing, execution, and trade booking of leveraged loans and structured finance.
Through the integration, users can originate trade orders directly within Siepe’s OMS and route them to Octaura for execution. Executed trades automatically flow back into Siepe’s OMS as fully booked transactions with confirmed prices, quantities, and settlement details. This straight-through workflow removes the operational burden many fund managers face from having to manually re-enter trades and chase reconciliation, while reducing the operational risk that comes with it.
By enabling direct access to Octaura from the same blotter that traders already use, Siepe’s integration provides one-click access to live venue liquidity without requiring new tools, workflows or custom implementation projects. As a result, traders can seamlessly execute and move on to the next trade, while operations teams receive clean, allocated trades in real time.
“As loan and CLO markets continue to grow and become more electronic, managers need access to technology solutions that can help navigate this evolving landscape and complexity,” said Michael Pusateri, CEO and Founder of Siepe. “By integrating our OMS with Octaura, we’re delivering streamlined, end‑to‑end workflows with greater data accuracy and direct access to electronic liquidity – without traders needing to change how they work or rely on bespoke builds.”
“Connecting with Siepe’s OMS will enable a smoother, more streamlined trading experience for market participants across the loan and CLO ecosystem,” added Vitaliy Kozak, Chief Product Officer and Head of Insights at Octaura. “This integration supports the continued modernization of trading in these markets by improving electronic connectivity and access to execution.”
The integration is now available to Octaura users and Siepe OMS clients, reflecting both firms' ongoing commitment to a unified electronic execution layer. As Siepe brings new venues online, clients can scale their trading operations with accelerating electronic adoption across loan and CLO markets.
