Alecta Enhances Trading Efficiency Using FlexTRADER EMS Solution
Alecta Transitions to FlexTRADER EMS for Enhanced Trading
Alecta, one of Europe’s largest occupational pension companies, has recently optimized its cross-asset trading by adopting FlexTRADER EMS, a powerful execution management system provided by FlexTrade Systems. This new system is designed specifically to enhance Alecta's capabilities in equities and derivatives trading.
Why Alecta Chose FlexTRADER EMS
The decision to switch from their previous EMS solution stemmed from Alecta's goal to efficiently manage the growth of their trading activities. They required a system that could seamlessly connect with their existing order management tool, Order Manager, part of SimCorp’s integrated platform, SimCorp One. Following thorough evaluations of the market options, FlexTrade’s offering stood out as the optimal choice.
Efficient Implementation and Robust Functionality
The implementation of FlexTRADER EMS was successfully completed in under three months, enabling Alecta's trading team to manage both asset classes through a single order blotter. This streamlined functionality not only enhances operational efficiency but also ensures compliance with best execution standards.
Innovative Features Driving Trading Success
FlexTRADER EMS features an open-architecture design that allows for the integration of various pre-trade data sources. For instance, Alecta has incorporated Kepler Cheuvreux’s KCx API Analytical Suite into their trading workflows, further refining their trading decision-making processes. The collaboration with SimCorp has also ensured a seamless integration between their existing order management system and the new platform.
Enhanced Decision-Making Capabilities
FlexTRADER EMS has equipped Alecta’s trading desk with advanced tools to optimize their pre-trade analysis, thereby enhancing overall trading efficiency. The collaboration with FlexTrade not only meets Alecta’s initial requirements but also sets a new standard in their trading practices.
Statements from Alecta and FlexTrade Leadership
Göran Wall, a trader at Alecta, expressed enthusiasm about the deployment, emphasizing the importance of integrating a sophisticated solution that aligns with their operational goals. Similarly, Dan Enstedt, VP of Business Development and Sales at FlexTrade, highlighted the strategic partnership with SimCorp as a pivotal factor that enhances workflow and data consistency between systems.
About FlexTrade and SimCorp
FlexTrade has a strong reputation for providing customized multi-asset trading solutions for financial institutions worldwide. Their focus on deep client partnerships has allowed them to innovate continuously and maintain a competitive edge in the market.
SimCorp, on the other hand, has established itself as a leader in integrated investment management solutions. With a global presence and cutting-edge technology, they empower numerous top financial institutions to optimize their investments and operational processes.
Frequently Asked Questions
What is FlexTRADER EMS?
FlexTRADER EMS is an execution management system designed to optimize multi-asset trading, offering robust functionality and operational efficiency.
How has Alecta benefited from FlexTRADER EMS?
Alecta has improved its trading processes by integrating an advanced platform, resulting in enhanced decision-making and operational speed.
What key features set FlexTRADER EMS apart?
Its open-architecture design allows for the integration of varied pre-trade data sources and offers a unified solution for managing multiple asset classes.
Why did Alecta switch from its previous EMS?
The switch was initiated to support the rapid growth of its equities and derivatives activities with a more sophisticated and streamlined solution.
How does the partnership between FlexTrade and SimCorp benefit clients?
The partnership ensures seamless integration of systems, faster implementation times, and a consistent workflow across trading operations.
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