MEAG has become the first asset manager to leverage SimCorp and TS Imagine’s joint fixed income offering in a bid to streamline its trading execution, fulfilling the multi-asset class trading mandate of its centralised desk.
A spokesperson for MEAG tells The TRADE: “MEAG’s traders now enjoy the benefits of a consistent functionality and execution experience across fixed income, equities, and listed derivatives. This unified approach allows them to seamlessly switch between the three asset classes, optimising their access to liquidity and the achievement of best execution.”
SimCorp and TS Imagine initially partnered in 2017 and recently combined their products to offer an integrated, multi-asset class solution for asset managers – with SimCorp One users now having access to TS Imagine’s fixed income trade execution capabilities.
Specifically, MEAG is now live on TS Imagine’s fixed income execution management system (EMS).
Elke Wenzler, head of trading at MEAG, explained: “The decision to implement TradeSmart EMS was initially driven by MEAG’s multi-asset class trading desk requirement for a unified execution platform that could effectively handle both fixed income and exchange-traded instruments.
“This objective has now been achieved, and we are benefiting from the enhanced workflow efficiencies, expanding liquidity access and improved trader productivity that the strategic partnership between SimCorp and TS Imagine has facilitated and continues to refine.”
Read more: MEAG’s Elke Wenzler on the next generation trading desk
MEAG is now able to access TS Imagine’s fixed income execution tools, data, analytics and liquidity network, whilst maintaining continuing to operate on SimCorp One – the integrated, front-to-back investment platform.
Marc Schröter, chief product officer at SimCorp, said: “We are pleased to have expanded our partnership with TS Imagine as one of SimCorp’s key partners in the EMS space to provide asset managers like MEAG with seamless access to their fixed income trade execution capabilities within SimCorp One.
“Since our partnership started in 2017, we have consistently enhanced our integration to improve front-office user experience and workflow automation, enabling mutual clients to optimise their investment operations.”