FlexTrade recruits Michael Kovach as Americas’ head of fixed income sales
Broker-neutral technology firm FlexTrade Systems has nabbed Michael Kovach as the new Head of Fixed Income Sales across the Americas.
Kovach steps into the role amidst a growing trend where asset managers are increasingly leaning on tech firms to navigate the fixed income trading.
With two decades in the FinTech sector and a background in electronic trading for fixed income, Kovach’s experience includes key roles at BlackRock’s Aladdin and Liquidnet. His new position will see him operate from FlexTrade’s New York office, where his focus will be on driving the adoption and growth of FlexFI, the company’s fixed income electronic trading system.
FlexTrade Systems’ FlexTRADER EMS Fixed Income Solution, known as FlexFI, provides a comprehensive single-source, multi-asset EMS front-end. This solution serves as the central hub for all data, analytics, reporting, automation, and execution on a global scale. It plays a pivotal role in managing the firm’s fixed income trading, facilitating the attainment of the efficiency and scalability requirements necessary in today’s competitive marketplace.
Aaron Levine, Senior Vice President of Sales at FlexTrade Systems stated: “We are very excited to welcome Michael to our team. He brings a wealth of expertise and insight to our fixed income business and will help us deliver innovative solutions that match the unique needs of the fixed income desk. Michael’s appointment demonstrates that we are committed to expanding our client base in the fixed income markets.”
Michael Kovach, newly appointed Head of Fixed Income Sales at FlexTrade noted: “I am thrilled to join a company that has such a strong reputation in both the Fixed Income and multi-asset trading technology market. I look forward to joining the team at FlexTrade and leveraging innovative technology to provide best-in-class solutions for the fixed income desk.”
FlexTRADER’s functionality 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 product has recently incorporated an artificial intelligence-driven (AI) feature to transform the way trading teams engage with their data and trading technology solutions.
