SimCorp, a company that offers solutions for investment management, is partnering with FlexTrade Systems, a firm that provides powerful systems for managing trades across multiple assets.
The partnership will help SimCorp expand the features of its Order Management System (OMS) by adding FlexTrade’s cross-asset EMS capabilities from its FlexTRADER EMS platform.
This partnership is designed to make it easier for OMS and EMS solutions to work together. And helping traders meet the best execution requirements.
As part of this collaboration, FlexTrade has joined SimCorp’s Open Platform program. This program gives clients easy access to the latest financial technology to use throughout the investment process.
The deal between FlexTrade and SimCorp includes the improved connection between FlexTrade’s multi-asset FlexTRADER EMS and SimCorp’s Order Manager OMS. This integration will make it easier for joint customers to use FlexTRADER EMS and SimCorp Dimension. And will also reduce the time it takes to get up and running.
The Vice President of Investments at SimCorp, Zoe Sheehan, said:
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
SimCorp and FlexTrade clients will benefit from a unified roadmap for future development. This partnership will provide a smooth experience when trading stocks, currencies, options, bonds, and futures with OMS and EMS solutions.
The Managing Director of EMEA at FlexTrade Systems, Andy Mahoney, said:
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
Anders Kirkeby, the leader of Open Innovation at SimCorp, stated that by connecting its portfolio and order management services with certain top-level trading management systems, clients gain adjustable order execution and automation.
This connection allows traders to get excellent execution, even during the most challenging trading days.
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