SGX FX Adds to Aladdin Connection

SGX FX has announced an expqnded integration between its execution management system and BlackRock’s Aladdin platform, enabling mutual clients to access BidFX’s FX execution, pricing and analytics capabilities through connected Aladdin platform workflows.

The firms say by bringing portfolio management and FX execution workflows closer together, clients will benefit from reduced operational friction and more efficient access to liquidity, automation and price discovery across a range of FX products.

“Institutional investors increasingly want FX execution to connect more seamlessly with the systems they use to manage portfolios and risk,” says Jean-Philippe Malé, CEO of SGX FX. “Deepening the integration of our BidFX solution with BlackRock’s Aladdin platform will give mutual clients direct access to institutional liquidity, execution tools and analytics, with greater choice and control across the FX trade lifecycle. This partnership extends the reach of SGX FX’s technology and brings our capabilities closer to clients’ everyday investment workflows.”

Kamya Somasundaram, global head of Aladdin enterprise partnerships at BlackRock, adds, “Clients are looking for greater connectivity between investment and execution workflows. By deepening Aladdin platform’s integration with BidFX and its next generation FX execution capabilities, including real-time pricing and analytics, we will connect portfolio activity, pricing, and execution more efficiently and help clients make more informed decisions.”