FlexTrade Systems, the global leader in broker-neutral, execution and order management system provider, has partnered with OpenFin, the leading provider of HTML5 runtime technology for the financial industry.
As per the statement issued, the partnership will provide interoperability meaning ability to use each other computer systems or software to exchange and make use of information. The partnership also aims to provide improved workflow management for buy-side traders using the technology FlexTRADER and its cloud EMS FlexNOW.
The clients of FlexTrade will able to integrate third-party vendor applications which have already been deployed on the OpenFin OS into their workflows. This allows the company’s customer to select the best application for their daily workflows, as well as better navigate complex markets. The partnership will also see FlexTrade rolling out the new desktop application to its clients faster.
Commenting on the partnership, Andy Mahoney, Head of Sales at FlexTrade UK said:
“FlexTRADER has operated an open architecture model for many years, ensuring traders have the data and workflows they need right at their fingertips.”
“OpenFin is the next natural step for this architecture to evolve by providing an interoperability layer connecting FlexTRADER to complementary third-party applications and data, with minimal technology overhead and seamless upgrades.”
CEO of OpenFin Europe, Adam Toms commented:
“Inefficient trader workflows hamper productivity and introduce an unnecessary level of operational risk. FlexTrade is pioneering change on the buy-side trader’s desktop, and we are delighted to partner with them on this journey to build the next generation of financial desktops.”
“Jointly, we empower traders to interact with the market in the way they prefer, with unprecedented levels of functionality and performance, accessing applications they need quickly, easily and securely, and without additional deployment costs.”