Integration Details

Execute trades with precision and maintain complete operational control across all asset classes. Our FlexTrade integration connects your multi-asset execution management system to a unified analytics and data platform, enabling real-time portfolio monitoring, sophisticated pre-trade analysis, and comprehensive post-trade evaluation.

Transform FlexTrade from a pure execution system into an intelligent trading platform enriched with your proprietary research. Integrate FlexTrade's broker-neutral EMS/OEMS capabilities—spanning equities, derivatives, fixed income, and FX—with your broader investment infrastructure, embedding custom research, alpha signals, and decision support directly into the trading workflow. Our integration leverages FlexTrade's open architecture and robust APIs to synchronize order flow, portfolio positions, execution analytics, compliance data, and your firm's proprietary research across your technology stack.

Execution & Order Management:

1. Real-time order synchronization: Bidirectional sync of orders, executions, and allocations across systematic API, batch programs, and manual order entry workflows
2. Portfolio positions and P&L: Intraday and end-of-day position feeds with mark-to-market, unrealized gains, and exposure aggregations
3. Multi-asset execution data: Unified capture of executions across equities, options, futures, fixed income, and FX trades from 300+ broker connections
4. Order routing analytics: Track order lifecycle from creation through fill, including amendments, cancellations, and partial fills

Transaction Cost Analysis & Best Execution:

1. FlexTCA integration: Real-time and post-trade transaction cost analysis with full depth-of-book capture from all liquidity sources
2. Execution quality metrics: Fill rates, reject rates, average fill size, slippage analysis, and counterparty performance evaluation
3. Algo performance: Track systematic trading strategies and broker algorithm performance via FlexAlgoWheel data
4. Pre-trade impact analysis: Integrate pre-trade cost estimates with portfolio construction and rebalancing workflows

Compliance & Risk:

1. Pre-trade compliance data: Short locate availability, restricted lists, position limits, and real-time compliance check results
2. Risk exposures: Industry, country, currency, and factor exposures calculated within FlexTrade, synchronized for unified risk reporting
3. Order marking and audit trails: Complete order history with compliance annotations and regulatory reporting data
4. Multi-manager segregation: Fund-level and strategy-level data isolation supporting multi-manager operations

Security Master & Reference Data:

1. Instrument mapping: Bidirectional sync of security master data, mapping FlexTrade identifiers to Bloomberg, CUSIP, SEDOL, ISIN, and your internal IDs
2. Custom tags and classifications: Synchronize security-level tags, sector classifications, and custom attributes between systems
3. Corporate actions: Integrate split, dividend, and reorg data affecting positions and order management

Custom Research Integration:

1. Analyst price targets and ratings: Display your analysts' price targets, target prices, buy/sell/hold ratings, and conviction scores alongside positions and orders
2. Earnings and KPI estimates: Embed your proprietary earnings models, revenue forecasts, EBITDA estimates, and custom KPI projections into security views
3. Probability of success metrics: Show scenario analysis, probability-weighted outcomes, and confidence intervals for investment theses
4. Fundamental research notes: Surface analyst commentary, thesis summaries, catalyst tracking, and research updates within the trading interface
5. Alternative data signals: Integrate proprietary alternative data scores, sentiment indicators, and quantitative signals alongside traditional research
6. Model outputs: Display outputs from your internal valuation models, risk-adjusted return forecasts, and portfolio optimization recommendations

Workflow Integration:

1. Research to execution workflow: Connect proprietary research, alpha signals, and portfolio construction tools with FlexTrade for seamless trade list generation informed by your latest analysis
2. Decision support in trading: Traders see your firm's price targets, conviction levels, and research insights directly in the order entry interface, ensuring execution aligns with investment thesis
3. Middle/back-office connectivity: Integrate FlexTrade data with fund admin, prime brokers, and reconciliation systems
4. Custom reporting: Export FlexTrade data combined with research metadata to your data warehouse for custom analytics, regulatory reporting, and performance measurement

FAQs

1. How does the integration work technically?

We connect to FlexTrade via their comprehensive APIs (C#, Java, C++, or Python depending on your infrastructure). The integration supports both real-time streaming of orders and positions throughout the trading day, as well as end-of-day batch synchronization. FlexTrade's open architecture allows us to access order data, execution details, portfolio positions, compliance results, and TCA metrics. All data flows directly between FlexTrade in your environment and your Hedgineer data platform—we provide the engineering to make it seamless.

2. Do you support intraday portfolio analytics?

Yes, we provide real-time intraday portfolio analytics by streaming position updates, executions, and P&L calculations as they occur in FlexTrade throughout the trading day. This enables live risk monitoring, exposure tracking, and performance attribution while markets are open. You can view positions, unrealized gains, factor exposures, and attribution at any point during the day, not just at end-of-day snapshots.

3. Can you integrate FlexTCA data for transaction cost analysis?

Absolutely. We ingest FlexTCA's real-time and post-trade transaction cost analysis, including execution quality metrics, slippage analysis, and counterparty performance. This data integrates with your broader analytics to evaluate execution quality across brokers, track algo performance over time, and optimize order routing strategies. We can also combine FlexTCA metrics with pre-trade analytics and portfolio construction tools to create feedback loops that improve execution quality.

4. How do you handle security master mapping between FlexTrade and other systems?

We maintain bidirectional mapping between FlexTrade identifiers and your other systems—Bloomberg IDs, CUSIP, SEDOL, ISIN, RIC, FIGI, and your OMS provider IDs. Our SecMaster performs temporal resolution to ensure accurate mapping even when identifiers change due to corporate actions. Custom tags and classifications can sync bidirectionally: update a tag in FlexTrade and it flows to Hedgineer, or update in Hedgineer and push to FlexTrade. The systems stay synchronized automatically.

5. Can you support multi-manager or multi-strategy fund structures?

Yes. FlexTrade's multi-manager support allows fund-level and strategy-level segregation, and we maintain that structure throughout our integration. Each fund or strategy becomes a separate portfolio in our system with appropriate role-based access controls. You can analyze positions and performance at the aggregate level, individual fund level, or drill down to specific strategies, while ensuring each manager only sees their authorized data.

6. My firm maintains custom reports with complex business logic. How do you replicate those?

Our team breaks down projects like these into three stages: discovery, implementation, and testing. We start by connecting with your operations and technology teams to understand the business logic, transformations, and edge cases in your reports. We document these requirements and implement them in our data pipelines, leveraging FlexTrade's API to access the necessary raw data. Throughout development, we validate results against your existing reports until they match perfectly, then provide ongoing monitoring to ensure continued accuracy.

7. What happens during FlexTrade version upgrades or system changes?

We monitor FlexTrade's API versions and coordinate with your team during upgrades. Our integration is built to be resilient to version changes, with compatibility layers that adapt to API updates. If FlexTrade introduces new fields or changes data structures, we update our ingestion pipelines and notify you of any new data available for analytics. Most upgrades require no changes to your workflows since we handle the technical adjustments transparently.

8. Can you integrate compliance and pre-trade check data?

Yes, we capture pre-trade compliance results including short locate availability, restricted list violations, position limit checks, and order marking. This compliance data integrates with your audit trails and regulatory reporting. We also sync risk exposure calculations that FlexTrade performs—industry, country, currency, and sector exposures—to provide unified risk reporting across your entire portfolio, whether positions originated in FlexTrade or other systems.