FlexTrade Integrates Live Data Sharing ipushpull With FlexNOW

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

FlexTrade Systems announced the integration of real-time interoperability platform ipushpull (iPP) with its FlexNOW execution management system so that users can leverage IPP’s live data sharing and workflow automation.

FlexNow is a MiFID II-compliant broker-neutral execution management system that connects to market data providers and integrates with any order management system (OMS) via FIX and API. Designed for hedge funds and mini-primes who require a streamlined, multi-asset trading system at the click of a button, the solution also comes with a built-in transaction cost analysis functionality.

The multi-asset execution and order management systems provider chose “ipushpull because they are the leader in automatically connecting grids of data across any connected application in the cloud”, according to Rhyd Lewis, product manager at FlexTrade.

“Integrating iPP with FlexNOW benefits our clients since they can easily access their trade data via other third-party applications”, including desktop applications, messaging platforms, in-house systems, and cloud services.

David Jones, CTO of ipushpull, said:

David Jones, CTO of ipushpull
David Jones, CTO of ipushpull

“ipushpull’s partnership with FlexNOW provides a seamless, efficient workflow. We are delighted to be part of FlexNOW and look forward to providing our data sharing and workflow automation to push access-controlled data to their clients in the quickest and most cost-effective way.”

iPP can be used on a number of applications, including MS Excel, Symphony, OpenFin, ChartIQ, and databases, to provide secure and compliant messaging directly into FlexNOW’s trading blotter. Its analytics module improves data analysis, including tracking client behavior and activity as well as the ability to create specific alerts on that matter.

FlexNow was officially launched in April 2018, as a unique broker-neutral EMS. At pre-launch, the system was already being used by over 200 clients in Europe, the Middle East, and Africa. Albar Capital, PSG Capital, and Wesleyan Assurance Society were some of the first users.
The company has recently integrated the SmartStream Reference Data Utility (RDU) with FlexTRADER Execution Management System (EMS) in order to allow mutual clients the ability to embed SmartStream RDU’s Systematic Internaliser (SI) Registry information directly into the send order ticket for MiFID II purposes.