Dutch asset manager APG deploys FlexTrade’s multi-asset execution management platform

Rick Steves

“We are seeing a growing trend in the market to consolidate without compromise all asset classes onto a single, scalable, open-architecture EMS platform.”

FlexTrade Systems has been selected to provide (@FlexTrade), a global leader in multi-asset execution and order management systems, announced that

Amsterdam-based APG Asset Management is consolidating and streamlining its multi-asset execution management capabilities by deploying FlexTrade’s execution management platform, FlexTRADER EMS.

The Dutch asset manager identified the need to overhaul its execution management operations as part of a broader front office transformation initiative.

The firm went with FlexTrade’s multi-asset execution platform because of its flexibility to handle the trading of equities, fixed income and foreign exchange from a single platform.

Consolidating all asset classes onto a single platform

Jan Mark van Mill, Head of Treasury and Trading at APG, said: “We are delighted to be partnering with FlexTrade to deliver our new multi-asset execution management platform. We operate in an increasingly fast-paced environment where speed to market for new functionality, customization, and innovation can provide our teams with a competitive edge. Therefore, identifying a third party who could deliver on these factors and act as a key component of our future front office architecture was a primary consideration during our selection process.”

Andy Mahoney, Managing Director, EMEA at FlexTrade, commented: “We are delighted to welcome APG to the FlexTrade EMEA client community. We are seeing a growing trend in the market to consolidate without compromise all asset classes onto a single, scalable, open-architecture EMS platform. This streamlined and open approach to handling cross-asset execution will deliver simplicity and consistency to APG’s trading teams while maintaining the flexibility via APIs to customize as their business requirements dictate. We believe it to be the model to follow for the trading desk of the future.”

The FlexTRADER EMS will allow APG to create advanced, customizable workflows and provide trading teams in the Netherlands, Hong Kong, and the US with a consistent set of data, tools, and interface to improve trading efficiency.

The asset management firm will also leverage FlexTRADER’s APIs to deliver interoperability across its new ecosystem, including integration to thinkfolio from S&P Global Market Intelligence.

In late 2021, FlexTrade made Tradefeedr’s data analytics API available within the FlexTRADER EMS as an add-on, the provider of multi-asset execution and order management systems announced.

A European buy-side firm has already gone live and in production using the integration of Tradefeedr, which enables collaborative analysis of trading performance between liquidity providers and their clients using standardized common metrics.

The integration caters mostly to buy-side trading teams using the FlexTRADER EMS looking for real-time, analysis-ready FX data.

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