Execution management system (EMS) provider Portware will provide global asset manager Invesco with its platform to manage execution across asset classes.
The asset manager selected Portware Enterprise EMS for its multi-asset class functionality, customisation and ability to reduce overall trading costs, Invesco said in a statement.
The system supports execution for global equities, futures, options, fixed income and FX and offers commission optimisation tools for managing algorithms and visualisation tools.
“It is well recognised that reducing transaction costs through technology or improved trading strategies has an immediate impact on investment returns,” said Saurabh Srivastava, global head of electronic trading for Invesco.
He added that the EMS was able to create proprietary trading solutions for the asset manager, alongside widespread connectivity to liquidity providers and broker algorithms.
“We realised that the only way to truly differentiate ourselves from our peers in the trade implementation phase of the investment process is by taking greater ownership of execution management technology.
“With an open architecture and a shared underlying framework across asset classes, Portware empowers us to implement and deploy our proprietary ideas,” Srivastava said.