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APG selects FlexTrade for multi-asset execution

  • June 8, 2022

APG Asset Management (APG) has selected FlexTrade’s execution management platform, FlexTRADER EMS, to consolidate and streamline its multi-asset execution management capabilities.

APG, headquartered in the Netherlands with approximately €586 billion of assets under management (AUM), decided to overhaul its execution management operations as part of a broader front office transformation initiative.

Following a successful proof of concept, APG selected FlexTrade’s multi-asset execution platform, FlexTRADER EMS, as the solution to try and deliver the flexibility to handle the trading of equities, fixed income and foreign exchange from a single platform.

APG will use FlexTRADER EMS in building new trading workflows that are intended to be customisable, and to 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 architecture and application programming interfaces (APIs) will be used to deliver interoperability across its new front office, including integrating with thinkfolio from S&P Global Market Intelligence, designed to deliver a more streamlined OEMS solution.

Jan Mark van Mill, head of treasury and trading at APG.

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, customisation, 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 for EMEA at FlexTrade, said, “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 customise as their business requirements dictate. We believe it to be the model to follow for the trading desk of the future.”

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