FlexTrade has bolstered its portfolio risk and analytics capabilities through a strategic partnership with Portx.
Aaron Levine
Specifically, Portx’s real-time portfolio construction, optimisation, and risk analytics capabilities have been incorporated into FlexTrade’s integrated buy-side order and execution management system (OEMS) – FlexONE.
Aaron Levine, head of OEMS product at FlexTrade, said: “Our partnership with Portx expands and enhances the portfolio intelligence available within FlexONE, giving clients access to sophisticated portfolio construction tools and real-time risk insights directly within their OEMS.
“With FlexONE at the centre of the full trading workflow, combined with Portx’s capabilities, we are delivering the mission-critical data and analytics that portfolio managers and traders need – at the exact point they need it – to better understand exposures, assess pro forma impact, and make more informed decisions.”
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According to FlexTrade and Portx, the partnership comes off the back of buy-side firms’ increasing focus on real-time risk management across increasingly complex portfolios, as well as advanced hedging strategies and operating models.
In particular, those hedge funds and institutional asset managers which run multi-strategy or multi-asset approaches increasingly require the ability to assess portfolio risk, review pro forma exposures, and act on those insights within the order and execution management workflow.
This latest integration with Portx will allow traders and portfolio managers to gain a real-time view of portfolio risk before and during execution, as well as supporting a more proactive approach by bringing risk analytics closer to the front-office.
Enrico Grande, chief executive and founder at Portx, added: “Discretionary portfolio managers need to turn increasingly complex quantitative data into clear, actionable investment decisions. Portx enables that process by delivering sophisticated analytics and purpose-built portfolio construction technology for fundamental investors. By integrating with FlexONE, we can bring the power of Portx directly into the FlexONE user interface and API suite.
“The outcome is an enhanced trading workflow that can help portfolio managers assess and control risk and exposures and make more informed decisions.”