SimCorp, an independent provider of investment management solutions, has partnered with FlexTrade Systems to extend its order management system (OMS) capabilities by incorporating the cross-asset EMS functionality of FlexTrade’s FlexTRADER EMS.
This collaboration aims to meet the growing demand for solutions that offer smooth integration and efficient workflows between OMS and EMS solutions as well as enhance trading activities and fulfil best execution requirements.
Under the partnership, FlexTrade will become a member of SimCorp’s Open Platform programme, which providesĀ clients with seamless access to innovative fintech solutions throughout the investment value chain.
Moreover, the two firms will work together to deliver improved connectivity between SimCorpās OMS, Order Manager, and FlexTradeās multi-asset EMS, FlexTRADER, to offer a variety of efficiencies including reduced time to market and a smoother onboarding process.
“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 formalise a long-running collaboration to provide a tested and maintained integration,” said ZoĆ« Sheehan,Ā vice president of investments at SimCorp.
Andy Mahoney, managing director, EMEA, FlexTrade Systems added, “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.”
Ā©Markets Media Europe 2023