CME Group institutional FX unit EBS has announced the connectivity between its EBS Institutional (EBSI) execution management system and thinkFolio, a leading multi-asset investment management platform from IHS Markit.

As a result of this new service to be in place by Q4 2020, thinkFolio clients will be able to access EBSI’s unique execution functionality to reduce their trading costs. Additionally, mutual clients of IHS Markit and EBSI will benefit from thinkFolio’s extensive cash and currency management capabilities, sophisticated analytics and enhanced liquidity. The integration of workflows across the two systems will enable portfolio managers and traders to aggregate or split FX orders in thinkFolio, before routing the orders to be executed through EBSI.

Hugh Whelan, Head of EBSI stated:

“Client demand continues to grow for advanced functionality and consistent workflow management solutions. This link will improve our clients’ experience, especially as IHS Markit’s thinkFolio is often their system provider of choice. Connectivity between EBS Institutional and thinkFolio is a key milestone in our strategy to expand the suite of services we provide and efficiencies we can deliver to our client base.”

Brett Schechterman, Managing Director and Global Head of Business for thinkFolio at IHS Markit added:

“While multi-currency cash and FX management functionality have always been a core strength of thinkFolio, we are continuously evaluating opportunities to provide our clients with a richer suite of liquidity venues to support the implementation of their investment and hedging strategies.  Our enhanced connectivity with EBSI will further extend our clients’ access to liquidity across currencies, time zones, and FX products, enabling dynamic trading opportunities and ensuring competitive execution.”

EBSI is a fully automated execution management system, using industry leading technology to significantly reduce trading costs and enhance performance by automating and solving complex trading and workflow problems.

thinkFolio from IHS Markit delivers sophisticated capabilities across Portfolio Modelling, Order Management & Trading, Cash & FX Management, Compliance and the Investment Book of Record (IBOR). Customers can implement thinkFolio as a single, integrated investment management platform that supports their entire front office. Due to the flexible, modular design of thinkFolio, they also have the option of deploying the platform for specific use cases and assets classes, including fixed income, cash management and FX or loans.