FlexTrade has partnered up with data sharing startup ipushpull to integrate its platform with the firm’s execution management system (EMS) FlexNOW.
The agreement will see FlexTrade’s EMS users gain access to ipushpull’s live data sharing network and workflow automation desktop applications, messaging platforms and in-house and cloud services.
“We chose ipushpull because they are the leader in automatically connecting grids of data across any connected application in the cloud,” said Rhyd Lewis, FlexNOW product manager. “Integrating iPP with FlexNOW benefits our clients since they can easily access their trade data via other third-party applications.”
ipushpull currently offers access to various applications, including Excel, Symphony, OpenFin and ChartIQ, which will provide messaging directly to FlexNOW’s trading blotter. The data sharing specialist also has an analytics module for tracking what clients are accessing and the ability to create alerts based on that client behaviour.
“ipushpull’s partnership with FlexNOW provides a seamless, efficient workflow,” added David Jones, chief technology officer at ipushpull. “We are delighted to be part of FlexNOW and look forward to providing our data sharing and workflow automation to push access-controlled data to their clients in the quickest and most cost-effective way.”
FlexTrade unveiled its FlexNOW platform, which is broker neutral, MiFID II-compliant and multi-asset, in April. It was developed to handle equities, futures and options trading, with connectivity to market data providers, the ability to integrate with any order management system (OMS), and a built-in transaction cost analysis (TCA) function.
In July, ipushpull expanded its team of advisors with the addition of the former EMEA chief information officer at Goldman Sachs. Damian Sutcliffe retired from the US investment banking giant after 20 years in May last year, having held several senior technology roles throughout his tenure.