SimCorp Integrates FlexTrade's Cross-Asset EMS Functionality

FlexTrade, a global leader in multi-asset execution and order management systems, announced today a new partnership with SimCorp, an independent provider of investment management solutions.

SimCorp will incorporate FlexTRADER EMS, FlexTrade’s cross-asset execution management systems (EMS) functionality, to extend its Order Management System (OMS) capabilities. This will help optimize trading activities and assist in meeting best execution obligations.

Besides, FlexTrade will join SimCorp's Open Platform program, which is designed to offer its client base frictionless access to innovative fintech solutions across the investment value chain. The two companies will collaborate to offer enhanced, seamless connectivity between SimCorp's OMS, Order Manager, and FlexTrade’s multi-asset EMS, FlexTRADER.

"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," said Zoe Sheehan, Vice President, Investments at SimCorp.

"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," stated Andy Mahoney, Managing Director, EMEA, FlexTrade Systems.

Last June, APG Asset Management (APG), one of the world's largest pension fund investment managers, has selected FlexTrade's FlexTRADER EMS, to cement and  streamline its multi-asset execution management capabilities. 

Last week, the company has named Rajiv Shah​ as Head of Sales in EMEA for FlexOMS, its end-to-end order management solution for sell-side institutions.