Amundi taps FlexTRADER EMS for cross-asset trading, including fixed income
Market Musing-g

Amundi taps FlexTRADER EMS for cross-asset trading, including fixed income

3d"
1 year ago

European execution platform leader Amundi Intermédiation has selected FlexTRADER EMS to consolidate all asset classes traded onto a single, scalable, multi-asset EMS platform. Amundi Intermédiation is the execution business subsidiary of Amundi Asset Management and also acts as a...

Amundi taps FlexTRADER EMS for cross-asset trading, including fixed income

İçindekiler

European execution platform leader Amundi Intermédiation has selected FlexTRADER EMS to consolidate all asset classes traded onto a single, scalable, multi-asset EMS platform. Amundi Intermédiation is the execution business subsidiary of Amundi Asset Management and also acts as an outsourced execution provider for Asset Managers, Private Banking, and Insurance companies, globally executing approximately €5 trillion in assets under management across all asset classes for around 60 clients. The project will be delivered in multiple phases, with equities and derivatives now live and in production across Amundi Intermédiation’s global trading desks. Fixed income will be deployed by the end of the year 2023.

"We are delighted to welcome Europe’s largest execution platform to FlexTrade"

Andy Mahoney, Managing Director, EMEA at FlexTrade, said: “We are delighted to welcome Europe’s largest execution platform to FlexTrade. Proactively choosing to consolidate onto a single platform is a strategic vision to ensure Amundi Intermédiation’s execution operations have the core trading technology platform its businesses need to deliver the best outcomes to its clients. Notably, Amundi Intermédiation will also leverage our fixed-income capabilities, further validating the growing trend in the market to electronify bond trading activities.” FlexTrade Systems is a global leader in multi-asset execution and order management systems. The firm's FlexTRADER EMS solution will be deployed as Amundi Intermédiation’s global, centralized EMS platform to deliver cross-asset trading capabilities to over 60 dealers within its international investment hubs across trading desks in Paris, Dublin, Singapore and Tokyo. The move is designed to deliver dealers a common, robust set of tools and processes to handle cross-asset trading and execution efficiently at a time when consolidation of front-office technology and automation initiatives are currently in sharp focus for global buy-side institutions to streamline and optimize execution workflows in equities and extend the efficiencies to other asset classes, including fixed income.

Amundi to leverage FlexTrade's automated fixed-income capabilities and SOR

By deploying FlexTRADER EMS, Amundi Intermédiation’s dealing teams will benefit from sophisticated automation tools to streamline order and workflow management through FlexAlgowheel across all asset classes, enabling the firm to scale up its trading volumes alongside business growth efficiently. Amundi Intermédiation will use FlexTrade’s fixed-income capabilities to bring more automation and electronification to their bond executing operations, including replacing existing multi-platform processes through a single fixed-income EMS and delivering an aggregated view of the market and bilateral connectivity to liquidity providers. FlexTrade also features a Fixed Income Smart Order Router (FISOR) so that bond dealers can enrich their automation capabilities using consolidated pre-trade data to ensure best execution.
0 people liked this article

Related Articles

Market Musing-g
Losing 9% Weekly AEVA Stock On Race to Become Top Loser
1 Aeva Technologies Inc. (NYSE: AEVA) stock lost 4.84% of its trading price on July 27. 2 AEVA stock lost approximately 9.23% and 6.35% in the weekly and monthly time frames respectively. Aeva Tech...
1 year ago
3d"
Market Musing-g
Ripple Case Update: SEC Weighs Possible Appeal, Gensler Warns Investors of Speculation
The post Ripple Case Update: SEC Weighs Possible Appeal, Gensler Warns Investors of Speculation appeared first on Coinpedia Fintech News In a recent interview with Bloomberg, SEC Chairman Gary Gens...
1 year ago
4d"
Market Musing-g
U.S. Stablecoin Bill Passed by House Committee in Republican Push
U.S. Stablecoin Bill Passed by House Committee in Republican Push
1 year ago
1d"
Market Musing-g
MakerDAO Passed Proposal to Raise $DAI Saving Rate to as High as 8%
MakerDAO Passed Proposal to Raise $DAI Saving Rate to as High as 8%
1 year ago
2d"
Market Musing-g
XDC Network (XDC: UDC): Will XDC Token Price Reach $10?
1 XDC is currently trading at $0.05933100, a slight decrease of 3.06% in the past 24 hours (press time) 2 XDC rose 42.14% in the past week and has a market cap of $821.891 Million. 3 XDCUSD’s mean ...
1 year ago
3d"
Market Musing-g
Traders Make Immutable (IMX) Predictions Following Recent Surge – Here’s Their Outlook
$IMX has been noticed in the market, with some crypto enthusiasts referring to it as a “value capture masterpiece”. The $IMX token is associated with Immutable, a platform that is betting on the in...
1 year ago
4d"