“The API enables third-parties, such as SMArtX, to integrate advanced OEMS functionality and trading connectivity in a fraction of time that it would have taken to build in-house.”
SMArtX Advisory Solutions, the operator of the SMArtX turnkey asset management platform, has partnered with Flyer FT and its Co-Pilot cloud-based order and execution management platform.
The integration of Co-Pilot OEMS via API is meant to streamline broker and custodial connectivity while expanding trading services and capabilities for advisors and asset managers using the SMArtX platform.
SMArtX clients will have full control over order instructions, order routing, and post-trade allocation processing, while maintaining real-time visibility that supports ongoing portfolio management updates from advisors, model managers, and other platform participants.
Flyer Trading Network is connected directly to over 100+ brokers and custodians supporting SMArtX’s current roster of 7 custodians and expansion plans for adding 2 more custodians.
Partnership supports asset managers and managed accounts providers
Evan Rapoport, CEO of SMArtX Advisory Solutions, commented: “SMArtX is thrilled to partner with a leading WealthTech firm like Flyer FT to bring best-in-class trading capabilities to the managed accounts industry. This partnership will support asset managers and managed accounts providers that need a better way to deliver their services at scale.”
Brian Bleasdell, Chief Product Officer of Flyer FT, said: “Flyer is excited to work with an innovative firm like SMArtX to enable a shared vision of delivering a feature-rich trade order management platform. By using the Co-Pilot API, SMArtX has greatly enhanced their order management workflows and overall trading capabilities. The API enables third-parties, such as SMArtX, to integrate advanced OEMS functionality and trading connectivity in a fraction of time that it would have taken to build in-house.”
The partnership with Flyer FT lays the groundwork for the upcoming technological expansion by SMArtX, which will soon launch an end-to-end standalone portfolio management solution designed to support managed accounts across custodians for asset managers.
Its turnkey asset management platform (TAMP) remains the firm’s flagship product. SMArtX also licenses its proprietary technology to enterprise firms as a standalone or fully integrated solution. SMArtX caters to multiple RIAs, broker-dealers, and asset managers.
