Supercharges Portfolio Management Platform with Efficient Connectivity
FIX Flyer LLC, the leading provider of ondemand FIX software and network solutions today announced that Market Street Advisors has joined the Flyer Trading Network™ (FTN), an industry-leading solution for real-time trading and intraday account allocations. Market Street Advisors is a leading provider of portfolio management software and services for the wealth management
"We are very excited about this breakthrough agreement with Market Street Advisors," said Brian Ross, Chief Executive Officer of FIX Flyer. "Market Street Advisors’ portfolio management platform is used by institutional, private wealth, and wrap investment
managers. We believe their decision to join our Flyer Trading Network will help to drive adoption and usage of the FIX protocol within the wealth management industry."
In addition to their access to the Flyer Trading Network, Market Street Advisors will also use our Flyer Online solution. Flyer Online is FIX Flyer’s web-based platform that helps firms manage their front and back-office trading. Flyer Online integrates and automates
the entire administrative process of trading – submitting orders, staging order lists, receiving executions from sponsors, and managing allocations to accounts. Among the first of Market Street Advisors’ broad client base to take advantage of the Flyer Trading
Network and Flyer Online is the investment management firm, Cookson Peirce.
"The Flyer Trading Network and the Flyer Online platform will enable both Market Street Advisors and our clients to streamline work flows and realize significant efficiencies," said Bevin Crodian, Chief Executive Officer of Market Street Advisors. "By offering realtime
trading and allocations processing, as well as connectivity through the FTN platform, our clients will reduce administrative costs while minimizing delays and errors, thus enhancing satisfaction with their overall experience."
Portfolio Manager, Cory Krebs, from Pittsburgh, Pennsylvania investment manager, Cookson Peirce, commented “The combined FIX Flyer and Market Street Advisors solution gives us total control over our accounts. Besides reducing errors, which is
significant for any firm, we now have a way to seamlessly manage and trade. These savings flow straight to our bottom line.”
Market Street Advisors is one of 93 service providers, sponsors and wealth managers that have joined the Flyer Trading Network, which provides participants with access to real-time trading and account allocations to dozens of sponsors. FIX Flyer’s functionality
creates a more efficient trading process. Sponsors and portfolio managers subscribing to FTN can realize even greater efficiencies by processing trades and allocations seamlessly to their customers with improved accuracy and speed.