Broker-neutral technology firm FlexTrade Systems announced that its solution FlexTRADER EMS has been certified for integration with SimCorp, a provider of integrated, front-to-back, multi-asset investment management solutions.
SimCorp’s Open Platform program has integrated FlexTRADER’s functionality, which offers a customizable execution management system (EMS) with pre-defined trading strategies and tactics for portfolio and single stock trading across all asset classes.
SimCorp’s Open Platform addresses the market need for a full-service offering across the investment value chain. By hand-picking compelling solutions from FlexTRADER, the integration provides their joint clients with numerous efficiencies. For example, they will benefit from a smoother onboarding process and a reduced time to market when they choose to deploy FlexTRADER EMS with SimCorp Dimension.
FlexTrade said that following a rigorous selection process, SimCorp Dimension stood out as the solution best suited to be consolidated with its system and automate processes across multiple investment areas.
To eliminate the operational minefield, the two firms will work together to deliver seamless connectivity between SimCorp’s OMS, Order Manager, and FlexTrade’s multi-asset EMS. The two solutions are wrapped within an end-to-end managed integration and connectivity service, covering multiple asset classes, including equities, fixed-income, FX, options, and futures.
The integration will also benefit SimCorp and FlexTrade clients with greater choice and interoperability, including the ability to request new features from FlexTrade’s domain experts. It will also reduce manual workarounds and maintenance costs for clients, by offering a responsive user experience between OMS and EMS solutions when trading in the financial markets.
Zoe Sheehan, Vice President of Investments at SimCorp: “Accessing liquidity is key for traders, not least in the recent volatile markets. By expanding our native interoperability with EMS providers to include FlexTrade, we formalize a long-running collaboration to provide a tested and maintained integration. This offers SimCorp clients another great tool to complement their SimCorp platform. Giving our clients the freedom to choose the best EMS for their needs speaks to the openness and strength of our ecosystem.”
Andy Mahoney, Managing Director of EMEA at FlexTrade Systems adds: “We are pleased to strengthen our relationship with SimCorp and join its Open Platform initiative. SimCorp and FlexTrade have a strong track record of providing innovative solutions to the buy side. We are excited to collaborate to deliver a seamless, cross-asset technology interaction between EMS and OMS solutions, which will help our mutual clients optimize their trading activities.”
