Broker-neutral technology firm FlexTrade Systems announced that its solution FlexTRADER EMS has been certified for integration with thinkFolio, the investment management platform provided by IHS Markit.
The certification means thinkFolio clients can access FlexTRADER’s functionality, which offers a customizable execution management system (EMS) with pre-defined trading strategies and tactics for portfolio and single stock trading across all asset classes.
The integration also ensures that mutual clients benefit from a standardized interface between the two platforms, which will provide scalability and reduce costs.
“A certified interface between thinkFolio and FlexTRADER creates the best of both worlds for us at Barings, by giving us the ability to trade in a seamless manner,” said Louisa Paul, head of equity dealing at Baring Asset Management.
How Will Zero-Fee Investment Platforms Impact Traditional Stock Brokers?Go to article >>
More about the two products
FlexTrade’s product suite offers access to market data providers while easily integrating with any order management system (OMS) via FIX and API. Global investment managers prefer FlexTRADER solution since the consolidation of equities, FX, listed options, futures, or any combination is essential on the same platform in order to ensure smooth functioning. The multi-asset execution management system can also be tailored for global access to broker algorithms, as well as the ability to build proprietary algorithms.
thinkFolio is Markit’s cross-asset-class order management (OMS) and portfolio modeling system (PMS). The investment management platform is one of the group’s key segments, which supports a variety of cash management and FX, fixed income modeling, and loans functionality.
Commenting on the news, Andy Mahoney, head of sales at FlexTrade UK said: “With multiple existing clients using IHS Markit thinkFolio, it makes sense for us to further strengthen our integration, especially with the growing demand for high-performance, truly cross-asset execution capabilities and a consistent workflow management solution.”
Keith Viverito, managing director for thinkFolio at IHS Markit added: “We’re pleased to add FlexTrade as one of our thinkFolio certified EMS providers. The integration will provide our mutual clients with a seamless trading experience and supports our strategy to provide a highly flexible and scalable investment management platform to the market.”