APG Adopts FlexTrader EMS

Dutch asset manager APG, which manages around EUR 586 billion in pension assets, has deployed FlexTrade’s FlexTrader EMS to consolidate its multi-asset class execution management capabilities.

The firm will access customisable 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 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.

“We operate in an increasingly fast-paced environment where speed to market for new functionality, customisation, and innovation can provide our teams with a competitive edge,” says Jan Mark van Mill, head of treasury and trading at APG. “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, adds, “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 customise as their business requirements dictate. We believe it to be the model to follow for the trading desk of the future.”