European $5T Execution Platform Chooses FlexTrade's Mult-Asset Services

<p>Amundi
Intermédiation, the European <a href="https://www.financemagnates.com/terms/e/execution/">execution</a> platform, is set to deploy FlexTRADER
EMS, an advanced asset management system provided by <a href="https://www.financemagnates.com/tag/flextrade/" target="_blank" rel="follow">FlexTrade Systems</a>. This
step is expected to enhance automation capabilities across a range of asset
classes, including equities, derivatives, and fixed income.</p><p>Amdundi Streamlines Asset
Management with FlexTRADER EMS</p><p>Amundi
Intermédiation is a subsidiary of Amundi Asset Management that operates as an
outsourced execution provider for various asset managers and private banks.
Annually, the firm manages approximately €5 trillion across all asset classes
for around 60 clients. The deployment of FlexTRADER EMS will unify all the
traded asset classes onto a single platform.</p><p>Amundi
Intermédiation's move towards FlexTRADER EMS will also provide an optimized
execution workflow across multiple asset classes. The system will be utilized
across the company's international investment hubs in Paris, Dublin, Singapore,
and Tokyo.</p><blockquote><p lang="en" dir="ltr">Amundi Intermédiation selects FlexTRADER EMS as its global, centralized EMS platform to deliver cross-asset trading capabilities to 60+ dealers across trading desks in Paris, Dublin, Singapore and Tokyo. Full story here – <a href="https://t.co/KUzCiu7zjL">https://t.co/KUzCiu7zjL</a> <a href="https://t.co/Cvk1DHDZW8">pic.twitter.com/Cvk1DHDZW8</a></p>— FlexTrade Systems (@FlexTrade) <a href="https://twitter.com/FlexTrade/status/1684133144637886464?ref_src=twsrc%5Etfw">July 26, 2023</a></blockquote><p>In
addition, FlexTrade's solution will offer Amundi Intermédiation's dealing teams
tools to streamline order and workflow management. This will be done through
FlexAlgowheel, a next-generation platform to help institutional traders
standardize, automate, and evaluate the trading process.</p><p>"We are
delighted to welcome Europe's largest execution platform to FlexTrade," Andy
Mahoney, the Managing Director of EMEA at FlexTrade, commented. "Proactively
choosing to consolidate onto a single platform is a strategic vision to ensure
Amundi Intermédiation's execution operations have the core trading technology
platform its businesses need to deliver the best outcomes to its clients."</p><p>Boosting Automation in Bond
Trading</p><p>An added
advantage of Amundi Intermédiation's shift to <a href="https://www.financemagnates.com/tag/ems/" target="_blank" rel="follow">FlexTRADER EMS</a> is the ability to
leverage FlexTrade's fixed-income capabilities. This will enhance the <a href="https://www.financemagnates.com/terms/a/automation/">automation</a>
and electronification of their bond execution operations. </p><p>By
employing FlexTrade's Fixed Income Smart Order Router (FISOR), Amundi's bond
dealers can boost current automation capabilities using consolidated pre-trade
data. The new system will be rolled out in phases, with equities and
derivatives already live across Amundi Intermédiation's global trading desks.
Fixed income is expected to be deployed by the end of 2023.</p><p>"Notably,
Amundi Intermédiation will also leverage our fixed-income capabilities, further
validating the growing trend in the market to electronify bond trading
activities," Mahoney concluded.</p><p>Another Integration with FlexTrade’s EMS</p><p>In recent months,
FlexTrade reported establishing at least a few new collaborations in the
financial markets. A few weeks ago, <a href="https://www.financemagnates.com/forex/traction-integrates-reporting-platform-with-flextrades-ems/" target="_blank" rel="follow">Sydney-headquartered TRAction</a>, a trade reporting
solutions provider, enhanced its service by integrating its reporting platform
with FlexTrade Systems’ Spark, a cloud-native EMS solution previously known as
FlexNOW.</p><p>Back in
March, SimCorp, a provider of investment management solutions, <a href="https://www.financemagnates.com/institutional-forex/simcorp-partners-with-flextrade-to-enhance-oms-capabilities/" target="_blank" rel="follow">also announced a
partnership with FlexTrade</a> to extend its Order Management System (OMS)
capabilities.</p>

This article was written by Damian Chmiel at www.financemagnates.com.

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