FlexTrade Systems, a provider of multi-asset execution and order management systems, has announced the integration of Kensho Technologies pre-trade analytics solutions, into the company’s FlexTRADER EMS.
The pre-trade analytics solution of Kensho Technologies offers assistance to traders in their decision-making process by providing live, detailed information directly into the client’s feed from within the investor’s trading portfolio.
Kensho’s solution also provides users with updated company-related developments, including mergers and acquisitions, new product launches and developments, and any relevant company announcements.
The incorporation of the live company updates are obtained from various dependable sources and news outlets and generally encompass any company activity that can influence trading, partnerships, and impacts of the regulatory framework.
“This integration with Kensho brings a unique level of ‘market context’ to the FlexTRADER blotter. By including Kensho data in pre-trade and real-time analysis, we ensure that traders will receive a more meaningful picture of performance,” Andy Mahoney, Head of Sales at FlexTrade UK, commented on the integration of Kensho Technologies pre-trade analytics solution.
“This integration brings historical comparative analysis into the real world by comparing like-for-like days rather than just the order characteristics,” he added.
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Kensho’s solution is highly innovative in that if applies artificial intelligence intended on connecting key developments that could impact an investor’s trading decisions. These developments could include “second-order relationships,” and even other companies’ developments, which could have influence over the asset that an investor is seeking to trade on.
The integration into the FlexTrader blotter will enable traders to select Kensho from a list, which in turn would open a timeline of events. The trader can further select any particular event in order to obtain more information about it and gain knowledge about its potential influence on the associated trading portfolio.
Moreover, Kensho allocates similar events that can act as precedents, thereby providing a potential outline for investors to assess the impact of prior events and to apply that to their trading strategy and decision-making process.
“Kensho’s partnership with FlexTrade continues our mission to deliver actionable intelligence to our users. This is achieved through an ever-expanding knowledge graph of the world that leverages artificial intelligence to power the insight gained from a complete picture of the events that impact companies,” Kensho Founder and Chief Executive Officer Daniel Nadler said.
Kensho continues to enhance its FlexTrader EMS. The company had already partnered with BestX in January, also adding the latter’s analytics solution in an effort to promote compliance with MiFID II requirements.
FlexTrade’s commitment to improving the trading environment for its clients has been evident through various partnerships, product developments and enhancements, and a general effort to move its operational agendas forward.