FlexTrade Moves EMS to the Cloud

FlexTrade’s multi-asset execution management system (EMS) for buy-side traders is now available on the cloud via Amazon Web Services (AWS), according to a story in The Trade news. The company said that FlexNOW helps reduce latency and onboarding time for clients and provides better reliability than many private data centers. FlexTrade describes its EMS as an out-of-the-box, broker neutral system which was developed to help buy-side traders who require a streamlined and multi-asset EMS. It is MiFID II compliant and handles equities, futures and options trading with connectivity to market data providers, the ability to integrate with any order management system (OMS), and a built-in transaction cost analysis (TCA) function.