SocGen’s Lyxor launches FlexNOW trading platform
Multi-asset execution and order management systems provider FlexTrade Systems has announced that Lyxor Asset Management has adopted its FlexNOW Execution Management System (EMS), which combines the best of cloud, desktop, mobile and API technology.
FlexNOW gives Lyxor’s traders the power and flexibility to transition seamlessly between the different challenges in today’s working conditions. The ability to trade several thousand stocks and futures across scores of brokers and algos in seconds is one of the reasons to transition to the FlexNOW EMS. Regular updates to add automation, more asset classes and the ability to adapt to newer workflows makes this a future proof transition for Lyxor.
Samy Debbah, Head of Dealing Desk at Lyxor Intermediation stated:
“Integrating a new EMS in our complex workflow is never easy but with FlexNOW we have replaced our old solutions and greatly improved the efficiency and operational safety of our workflows, especially when working with larger baskets. The Team’s ability to quickly respond to feedback has been impressive, continually improving the platform to meet our needs. FlexNOW has worked seamlessly both in the office and when working remotely, an absolute must during these times.”
Adi Prnjavorac, Head of Sales FlexNOW at FlexTrade Systems noted:
”We are pleased to have onboarded a prestigious client such as Lyxor Asset Management. Lyxor benefits from our strong support and quick response to new requests. Not only have we enjoyed adding new functionality to improve their efficiency, their expertise feeds back into the platform to the benefit of the whole FlexNOW community.”
Manuela Bauer, EMEA Sales Director at FlexTrade Systems, said:
“We are very proud to welcome Lyxor Asset Management as a client, as part of our strong commitment to the French Asset Management community. The adaptability underpinning FlexTrade’s approach to implementation has allowed us to deliver a trading system tailored to Lyxor’s vision, which will continue to help optimize the efficiency of the trading process in the future. We look forward to supporting them with our technology and to our ongoing partnership.”
Lyxor Asset Management Group is wholly-owned by Societe Generale. Lyxor is a European asset management specialist, an expert in all investment styles, active, passive or alternative. From ETFs to multi-management, with EUR 159.3 billion under management and advisory, Lyxor group creates innovative investment solutions to meet the long-term challenges of sustainable investments, with a particular focus on the fight against climate change.