FlexTrade Systems has made its cloud-based execution management system, FlexNOW, available via Amazon Web Services (AWS), joining other leading global financial technologies companies like NASDAQ, Dow Jones and FINRA in choosing AWS.
The trading industry is gradually moving into Amazon Web Services for its flexibility, agility, and reliability. The cloud-computing platform is able to decrease the FlexNOW’s onboarding time for clients and brokers, and facilitates FlexTrade «s product team to easily test new ideas, such as STP APIs, mobile access and improved analytics.
Rhyd Lewis, FlexNOW Product Manager, said:
“We chose AWS because it allows us to focus our time on making sure FlexNOW meets our client’s needs rather than building and maintaining infrastructure. With FlexNOW deployed in AWS, our clients benefit from increased flexibility, reduced lead-time for new features, and industry-leading security and reliability.”
On the AWS cloud, FlexNOW can provision new instances in any region in the world in less than a day and offer better reliability and uptime than most private data centers.
Lee Sherling, FlexNOW Sales Director, commented:
“Cloud-based technology is the future for trading systems and we are delighted to be the first Execution Management System to be hosted in AWS, the market leader in cloud-computing. AWS provides the basis for FlexNOW to be scalable and secure, with same-day deployment in any region and enables our clients to trade more effectively using the application or API.”
FlexNOW is a unique broker-neutral EMS which addresses the needs of hedge funds and mini-primes who require streamlined, multi-asset trading system at the convenience of a single click at their system. The offering, which was officially launched in April 2018 is available across the globe.
Most recently, FlexTrade sought to bolster its operations to gain greater visibility and analysis of client and infrastructure performance by employing Corvil Analytics.