BTON Financial partners with genesis to automate trading for asset managers
BTON Financial, an independent outsourced dealing desk for asset managers and genesis, the Low Code Application Platform for Capital Markets, are partnering to automate trading workflows.
Following a competitive due diligence process, covering both vendors and consultancies, BTON Financial selected genesis as its technology partner because of the company's market expertise and Low Code Application Platform built specifically for capital markets. By using the genesis Low Code Application Platform, BTON says it is able to create solutions quickly without having to write substantial lines of code, making the development and deployment of these solutions much faster, simpler and easier to support.
BTON Financial’s proprietary Smart Broker Router, built on the genesis Low Code Application Platform, supports asset managers in taking advantage of emerging liquidity and execution opportunities. The Smart Broker Router improves trading performance automatically by selecting the most appropriate broker with the most appropriate execution algorithm, while at the same time ensuring full regulatory compliance.
The BTON Smart Broker Router is fully integrated with the other genesis trading solutions built on the platform, allowing orders to flow securely from the Smart Broker Router through to the receiving broker and into the trading workflow - all in real-time.
James Harrison, Chief Operating Officer of genesis, says: “We are very excited to partner with BTON Financial. The machine learning driven Smart Broker Router is unique to the market and has been built using the genesis Low Code Application Platform. This powerful combination has allowed us to maximise the very latest in technology to fully optimise an asset managers’ trading performance while minimising costs. We look forward to a long-lasting relationship.”
Dan Shepherd, CEO of BTON Financial, says: “We’re delighted to partner with genesis for the benefit of the asset management industry. By harnessing the genesis low code platform and its modular & agile development approach we can respond and adapt to market developments at speed. This is in stark contrast to legacy systems that often require whole platforms to be re-engineered. We very much look forward to continuing our collaboration with genesis and bringing new, innovative solutions to the asset management industry.
“The FinTech ecosystem is now becoming more essential in helping firms manage their business continuity plans by automating more procedures, which is where our collaboration with genesis will bring immediate benefits in the current climate.“