Advent Software, a financial solutions provider, claims Financial Management Advisors and Taiyo Pacific Partners are the latest financial firms looking to implement Moxy, its trade order management system.
Advent claims that recent upgrades to Moxy’s profit and loss functionality allow greater flexibility when defining multiple views and groupings of a fund’s positions.
According to the company Moxy is capable of fast, precise trade creation and order execution. As well as this, by streamlining the trade order management process, Moxy helps traders scale their businesses, handle more accounts with fewer resources and improve connectivity with counterparties.
Creighton Reed, director of product marketing at Advent, says, We’ve been making great strides in attracting new firms particularly hedge funds to Moxy, by offering a solution that maximizes trader efficiency, offers comprehensive global security coverage, and connects to a wide variety of trading partners. In today’s competitive environment we’ve been very pleased with the rate of adoption Moxy is experiencing.