BlackRock integrating FlexTrade into Aladdin to simplify multi-asset

BlackRock announced a strategic partnership with FlexTrade Systems, a provider of high performance, multi-asset execution management systems (EMS). The aim is to deliver a tightly integrated, multi-asset solution to clients for the entire trading lifecycle.

Sudhir Nair, head of the Aladdin Business at BlackRock, said in a statement: “Aladdin is accelerating its investment in its multi-asset trading capabilities through a robust product roadmap and alongside partners like FlexTrade who we have worked with for many years. Our strategy is about ensuring clients have maximum flexibility and choice, while enjoying the full benefits of a true end to end platform.”

It’s expected to simplify access to trading functionalities of both platforms for common clients and incrase interoperability, transparency, and productivity. Clients will see enhancements to their trading experience through integrated workflows, shared data sources, increased end-to-end automation and premier support services.

Vijay Kedia, CEO, FlexTrade Systems, said in a statement: “The FlexTrade-Aladdin partnership is a powerful combination – both firms bring a deep understanding of complex, real-time OEMS-EMS interactions across asset classes; a curious, engineering-driven culture; an agile, collaborative approach with clients and a strong global presence. While continuing to execute our open, vendor-neutral strategy supporting client choice, this partnership demonstrates our long-term commitment to deliver market leading innovation to our common clients in the Aladdin community”.


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