Sell-Side Technology Awards 2024: Best implementation at a sell-side firm—FlexTrade Systems

“We needed to work with a partner who understood our business and offered flexible yet powerful technology solutions to meet our requirements. Equally crucial was selecting a partner that could supplement their technology with a long-term relationship to help continue to build out our service offerings. FlexTrade was that reliable partner that could meet our business needs and deliver in the contracted time frame that the project demanded.”

“We are delighted to welcome JonesTrading to the FlexOMS global client community and appreciate the confidence they placed in FlexTrade.  It has been a pleasure working with the highly knowledgeable team at JonesTrading and we are happy to see this solution in place. It demonstrates clearly what can be achieved with a tight, synchronized approach between client and technology partner when implementing flexible, open OMS solutions. Our open-architecture, client-first approach has delivered cutting-edge trading technology and seamless straight-through processing to JonesTrading’s multiple business lines. We look forward to partnering further with JonesTrading to optimize and expand their use of FlexOMS to other business areas.”

OMSs represent the beating heart of virtually all capital markets firms’ trading front-ends as they execute, manage and track orders, typically from execution all the way to clearing and settlement. Ask any capital markets CTO and they will tell you that replacing an OMS is invariably a complex and unenviable task, no matter how straightforward the project might initially appear. The fact that FlexTrade was able to implement its FlexOMS offering in the timeframes agreed at the start of the project speaks volumes about the firm as a technology partner and the technical capabilities of the JonesTrading tech team led by Jack Garceau. If ever there was a model implementation, this is it.