FlexTrade’s FlexONE integrates with Axioma Portfolio Optimizer
Broker-neutral technology firm FlexTrade Systems has entered into a partnership with Axioma to enhance its order and execution management system, FlexONE. This collaboration involves integrating multi-asset risk models and the Axioma Portfolio Optimizer into the FlexONE platform.
In today’s trading landscape, the role of the trading desk has expanded to encompass risk management and portfolio optimization, making risk tools and analytics increasingly essential for traders. With this collaboration, FlexONE clients will be able to automatically rebalance portfolios based on predefined criteria, such as risk tolerance, investment constraints, and pre-defined asset allocation rules.
Axioma’s risk factor models and analytics complement this functionality, delivering automation and efficiency to portfolio management and asset allocation. This integration also aims to provide users across the organization, whether in trading, operations, or risk management, with a smarter workflow that benefits buyside users in particular.
Jose Cortez, VP of Buy-Side Sales at FlexTrade said: “FlexONE’s real-time engines and native portfolio construction capabilities are further complemented with the integration of the Axioma Portfolio Optimizer and their innovative suite of multi-asset risk factor models. With this partnership, clients can access Axioma risk analytics and portfolio optimization directly within the FlexONE user interface, providing portfolio managers and traders the ultimate workflow for incorporating risk management insights at time of order generation.”
Leon Serfaty, Product Specialist at Axioma added: “The flexibility of our risk and optimization tools combined with the end-to-end capabilities of FlexTrade, is a powerful proposition for trading desks who are looking to generate alpha. And, the ability to define – and automatically integrate – all the compliance limits, will be a game changer for trading operations.”
As part of this partnership, clients of FlexTrade Systems’ FlexONE platform, which includes asset managers, wealth managers, consultants, and asset owners, will gain access to Axioma’s equity and multi-asset class factor risk models and portfolio optimizer. This access will enable them to improve their portfolio risk assessment, make more informed portfolio construction decisions, and ultimately enhance their portfolio return objectives.
FlexONE is designed to streamline the trading requirements of global hedge funds, traditional asset managers and quantitative investment firms. A multi-asset platform handling equities, FX, options, futures and fixed income, the solution integrates disparate workflows into a single, centralized, intraday system that facilitates hi-performance throughput of orders, compliance checking, real-time P&L and position management.
FlexONE captures workflows from beginning to end―order generation, intraday P&L and risk, fund/prime allocations, order marking, short locates, pre-and post-trade compliance, and operations ― and is integrated with FlexTrade’s multi-asset execution management system, FlexTRADER EMS.
