SimCorp clients can now seamlessly deploy FlexTrade’s multi-asset Execution Management System (EMS) solution FlexTRADER alongside the investment management platform SimCorp Dimension
SimCorp, an independent provider of investment management solutions, has partnered with FlexTrade Systems, a global leader in high-performance multi-asset trade execution management systems (EMS), to extend SimCorp’s Order Management System (OMS) capabilities by incorporating the cross-asset EMS functionality of FlexTrade’s FlexTRADER EMS.
“By integrating SimCorp’s portfolio and order management solutions with a small set of carefully selected leading trade execution management systems, our clients get robust and scalable order execution and automation capabilities to enable traders to deliver great execution even on the busiest trading days.”
This partnership addresses the increasing demand from trading teams for seamless integration and collaborative workflows between their OMS and EMS solutions. The integration will help optimize trading activities and assist in meeting best execution obligations.
As part of the partnership, FlexTrade will join SimCorp’s Open Platform program. The Open Platform program is designed to offer its client base frictionless access to innovative fintech solutions across the investment value chain. A key component of the new agreement will see the two firms work together to deliver enhanced, seamless connectivity between SimCorp’s OMS, Order Manager, and FlexTrade’s multi-asset EMS, FlexTRADER, providing numerous efficiencies. For example, joint clients will benefit from a smoother onboarding process and a reduced time to market when they choose to deploy FlexTRADER EMS with SimCorp Dimension.
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Further, SimCorp and FlexTrade clients will leverage aligned future roadmaps, including the ability to request new features from FlexTrade’s domain experts. The result will be a responsive and consistent user experience between OMS and EMS solutions when trading across multiple asset classes, including equities, fixed-income, FX, options, and futures.
Zoe Sheehan, Vice President, 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.”
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Andy Mahoney, Managing Director, EMEA, 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.”
Anders Kirkeby, Head of Open Innovation, SimCorp comments: “By integrating SimCorp’s portfolio and order management solutions with a small set of carefully selected leading trade execution management systems, our clients get robust and scalable order execution and automation capabilities to enable traders to deliver great execution even on the busiest trading days.”
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