FlexTrade

FlexTrade Integrates ACA Technology Decryptex Surveillance

FlexTradeFlexTrade has partnered with ACA Technology to provide data on-demand for trade surveillance on its FlexNOW EMS. This will help mutual clients manage their trade surveillance and compliance needs using ACA’s Decryptex surveillance technology.

Shoshana Wainer, Head of Compliance at Albar Capital, commented: “FlexNOW and Decryptex are stand-out products supported by highly-responsive and knowledgeable teams. Integrating Decryptex with FlexNOW allows us to review our trading from a compliance perspective quickly, reliably and with the granularity we need. FlexTrade and ACA Technology helped us make our workflow more efficient. This partnership will undoubtedly be a real benefit to firms that choose these leading technology providers.”

Rhyd Lewis, Product Manager at FlexTrade
Rhyd Lewis, Product Manager at FlexTrade

Rhyd Lewis, FlexNOW Product Manager, said: “FlexNOW Data APIs have saved time for FlexTrade and for ACA Technology whilst providing a better service to their clients. “Providing secure and reliable access to trade data via API removes the hassle of sending trade files at the end of each day. ACA Technology Solutions can quickly and easily obtain the data they need to enhance their Decryptex platform, enabling integrated and real-time trade surveillance.”

Nikolay Kojuharov, Partner at ACA Technology, added: “By combining ACA’s Decryptex technology and FlexNOW, we aim to provide superior service to our clients so that their workflow becomes as smooth as possible. The main benefits of ACA’s surveillance solution include the ability to digest large amounts of trading activity, ensuring coverage under MAR and similar market abuse legislation through comprehensive analysis of a firm’s trading and investment activities and detection of potential fraudulent behaviour.”

ACA Technology Solutions targets hedge fund managers, private equity fund managers, endowment fund managers, pension fund managers, investment managers, asset managers, and outsourced CIOs, looking for regulatory technology, data management, and investment management technology solutions.

FlexTrade has recently extended its integration with thinkFolio, IHS Markit’s cross-asset investment management platform, in order to provide sophisticated and global cross-asset trading capabilities delivered seamlessly across the entire trading lifecycle.

In April 2019, FlexTrade partnered with OpenFin to provide interoperability and improved workflow management for buy-side traders using the technology FlexTRADER and its cloud EMS FlexNOW. The firm has also recently expanded its arrangement with Goldman Sachs in order to strengthen its indication of interest (IOI) liquidity offering.

Also in April, FlexTrade appointed Lak Loi and Vahid Shirani as co-heads of sell-side OMS business development for the EMEA region, thus promoting an expansion of the global leader in cross-asset execution and order management systems while based in London.

In June 2019, theNew Zealand Exchange (NZX) integrated FlexTrade’s order management system, Flex OMS, as an independent software vendor in the local market.