APG Selects FlexTrade for Execution Management Capabilities

June 08, 2022 - FlexTrade Systems, an execution and order management systems provider, announced that APG Asset Management (APG) has selected their FlexTRADER EMS platform to consolidate and streamline its multi-asset execution management capabilities.

Netherlands headquartered APG has approximately €586bn of assets under management and had identified the need to overhaul its execution management operations as part of a broader front office transformation initiative.

APG will use the FlexTRADER EMS to create advanced, customizable workflows and provide trading teams in the Netherlands, Hong Kong, and the US with a consistent set of data, tools, and interface to improve trading efficiency. Further, as part of APG's broader front-office transformation initiative, FlexTRADER's open architecture and powerful APIs will deliver interoperability across its new ecosystem, including integration to thinkfolio from S&P Global Market Intelligence, to deliver a streamlined, seamless OEMS solution.

Jan Mark van Mill, Head of Treasury and Trading at APG said, "We are delighted to be partnering with FlexTrade to deliver our new multi-asset execution management platform. We operate in an increasingly fast-paced environment where speed to market for new functionality, customization, and innovation can provide our teams with a competitive edge. Therefore, identifying a third party who could deliver on these factors and act as a key component of our future front office architecture was a primary consideration during our selection process."

Andy Mahoney, Managing Director, EMEA at FlexTrade, commented, "We are delighted to welcome APG to the FlexTrade EMEA client community. We are seeing a growing trend in the market to consolidate without compromise all asset classes onto a single, scalable, open-architecture EMS platform. This streamlined and open approach to handling cross-asset execution will deliver simplicity and consistency to APG's trading teams while maintaining the flexibility via APIs to customize as their business requirements dictate. We believe it to be the model to follow for the trading desk of the future."