APG Picks FlexTrade for Multi-Asset Execution Management Capabilities

FlexTrade Systems announced today that APG Asset Management, a Netherland-based company with more than EUR 586 billion worth of assets under management, has picked FlexTRADER EMS, the company’s execution management platform.

APG has selected FlexTRADER EMS to streamline its multi-asset execution management capabilities. The asset management firm will leverage 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 interfaces to improve trading efficiency.

APG is the biggest pension provider in the Netherlands. The company looks after the pension of approximately 4.8 million participants. The selection of FlexTRADER EMS will help APG to consolidate equities, fixed income and FX onto a single EMS platform.

Jan Mark van Mill, the Head of Treasury and Trading at APG, noted: “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.”

Partnerships

In the past few years, FlexTrade has been able to form partnerships with some of the world’s leading companies. In 2021, the company collaborated with BMLL to deliver pricing data and analytics.

“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,” Andy Mahoney, the Managing Director of EMEA at FlexTrade, commented.