FlexTrade integrates Axioma risk management into its FlexONE OEMS
Multi-asset order and execution management systems provider FlexTrade Systems has announced that it is partnering with Axioma, to integrate Axioma’s multi-asset risk models and the Axioma Portfolio Optimizer into FlexONE, FlexTrade’s order and execution management system.
FlexTrade said that as the role of the trading desk expands to include risk management and portfolio optimization, risk tools and analytics are becoming more critical components for traders than ever before.
With this partnership, FlexONE clients can automatically rebalance portfolios based on predefined criteria such as risk tolerance, investment constraints, and pre-defined asset allocation rules. Combined with Axioma’s risk factor models and analytics, the Optimizer brings automation and efficiency to portfolio management and asset allocation.
Wherever FlexONE and Axioma clients sit – whether that’s trading, operations or risk – buyside users will benefit from a smarter, more efficient workflow across their organizations.
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, CFA, Principal, Product Specialist at Axioma said:
“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.”
About Qontigo
Qontigo is a financial intelligence innovator and a leader in the modernization of investment management, from risk to return. The combination of the group’s world-class indices and best-of-breed analytics, with its technological expertise and customer-driven innovation, enables its clients to achieve competitive advantage in a rapidly changing marketplace. Qontigo’s global client base includes the world’s largest financial products issuers, capital owners and asset managers. Created in 2019 through the combination of Axioma, DAX and STOXX, Qontigo is part of Deutsche Börse Group, headquartered in Eschborn with key locations in New York, Zug and London.