FlexTrade Taps Shane Remolina as its Director of Sell-Side OMS Tech

FlexTrade Systems, a provider of Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and order management systems, has appointed Shane Remolina as its newest Director of Sell-Side OMS Technologies for North America, per a company statement.

In his new role Mr. Remolina will be based out of the group’s headquarters in New York. In this capacity he will be heading FlexTrade’s sales and business development, with an emphasis on its sell-side OMS solutions – he steps into the new role with immediate effect.

Veteran Hire

Mr. Remolina joins FlexTrade after a lengthy career at Bloomberg Trading Solutions, which saw him hold multiple senior level roles over the past nine years. This included stints as its Head of Sales for North America, Product Development, and Enterprise sales. Additional roles also include positions at Citi Group Capital Markets, Lava Trading and SunGard, dating back to 2003.

According to Mr. Remolina in a recent statement on the appointment: “Many firms are faced with intensified cost pressures due to operations, regulations and technology, and must differentiate themselves in order to increase market share.”

“FlexTrade is ideally positioned to provide that differentiation. This is accomplished in two ways. First and foremost are our state-of-the-art technology solutions, which are available in both customizable and turnkey versions. Second is our client-centric installation approach, which is akin to a partnership whereby FlexTrade’s service and support teams work hand in hand with clients to install a system that will not only address all their needs, but also provide a tangible ROI,” he added.

Last month, FlexTrade made headlines after it integrated Markit’s Transaction Cost Analysis (TCA) data has into its execution management system (EMS) platform FlexTRADER EMS. As part of the integration into FlexTrade’s multi-asset portfolio and single stock trading system, Markit’s TCA data aimed at FlexTRADER EMS platform users with the goal of procuring relevant pre-trade data and TCA-related tools.