FlexTrade Systems, a specialist in multi-asset execution and order management systems, has selected to bolster its operations and gain greater visibility of client and infrastructure performance.
Corvil is a provider of real-time data analytics and regulatory solutions for the financial services industry. The company’s offering caters to a variety of clients, who are opting for more streamlined security and to be more proactive in identifying areas of potential risk. It also simplifies responses to regulatory queries by providing a complete forensic record of all order lifecycle messages.
Overall, the Corvil partnership will provide benefits to in the form of technological solutions, emphasizing best execution and improved transparency measures throughout the entirety of its trading environment.
In particular, Corvil’s solution will aim to provide real-time visibility of FlexTrade’s customer needs and behaviors as well as enabling the company to assure performance across its diverse environment. This includes a focus on reducing market risk via identification, analysis, and insight to deliver the flexibility and transparency required by its clients.
FlexTrade in a hiring spree
FlexTrade’s product suite offers access to market data providers whilst easily integrating with any order management system (OMS) via FIX and API. Global investment managers prefer the solution since the consolidation of equities, FX, listed options, futures, or any combination is essential on the same platform in order to ensure smooth functioning. The multi-asset execution management system can also be tailored for global access to broker algorithms, as well as the ability to build proprietary algorithms.
FlexTrade has been actively recruiting talent to its business development units. Earlier this year, the company Paul Alves as Senior Vice President of Global FX Business Development. Moreover, in an effort to improve its offerings for clients, FlexTrade recently with BestX, implementing the BestX analytics solution into its FlexTRADER EMS.
Commenting on the news, Vishal Pandya, COO of FlexTrade, said: “As part of our commitment to superior client experience, we have partnered with Corvil to provide our customers with a new option in advanced analytics from an industry-leading technology provider in the field. Corvil enables us to proactively profile our network and reduce incident diagnosis from days to minutes or hours, thus ensuring our resources remain focused on customer performance.”
FlexTrade Picks Corvil Analytics to Simplify Performance Analysis
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