FRANKFURT AM MAIN – 360T, Deutsche Börse Group’s company for FX, has announced that it has been selected by M&G Investments to provide streamlined workflow technology for order handling and execution.
Key to the selection by M&G Investments of 360T’s Execution Management System (EMS) workflow solution, was 360T’s commitment to develop the service to meet the cost, regulatory and best-execution requirements of M&G while engaging in an ongoing virtuous cycle of functional and capability innovation.
Following an extensive selection process, 360T was chosen for meeting immediate requirements for FX but also future needs. As part of the Deutsche Börse Group, a highly regulated global market infrastructure company, 360T is uniquely placed to be able to deliver a host of other services to M&G in both FX and Money Markets.
“360T has 18 years’ experience in working with institutional buy-side clients to increase transparency, achieve best execution and ultimately reduce the cost of execution in the FX markets.” says 360T CEO, Carlo Kölzer. “A changing landscape of regulation is putting more and more pressure on buy-side organizations to be compliant, and 360T has focused on delivering a highly compliant, policy supporting, transparent, efficient technology solution that empowers Asset Managers to deliver best outcomes to their investors. With our existing franchise and three years of additional investment in products and people, we believe 2018 will be a watershed year as this underserved section of the FX industry reacts to a transitional regulatory environment.”
Head of UK Institutional Sales Andrew Priest adds, “Our core belief is that our mandate is not just to connect our clients to liquidity sources, but also to achieve a better outcome ultimately for the asset owner, from the implementation of a rigorous policy driven execution process. This belief is not derived from theoretical opinions or analysis, but as a result of working with our clients to implement their goals. 360T has extensive experience in assisting clients create an entire workflow for their FX execution process, helping them to continually measure, validate and optimize their order handling and execution policy.”
About 360T Group
360T, Deutsche Börse Group’s Foreign Exchange (FX) powerhouse, is an independent, globally-established trading venue. The company provides web-based trading technology for over-the-counter (OTC) instruments, integration solutions and related services. In addition to its existing cutting-edge multi-bank portal for FX, Cash, Money Market and Interest Rate Derivatives products, 360T, together with Deutsche Börse Group, provides its clients with the most holistic offering on the market by combining FX OTC and on-exchange FX trading. This infrastructure is the foundation for a truly hybrid model and a unique future FX ecosystem.
360T’s secure global transaction network enables clients to trade with greater transparency and enhanced control at every stage of the trading lifecycle. The company also offers licensing for a hosted white labelled trading tech solution, between a scalable group of price-takers and either proprietary price providers or a rich selection of back-to-back liquidity sources. 360T’s buy-side clients are national and multinational corporate treasuries, institutional clients (asset managers, hedge funds, commodity trading advisors), broker/dealers and banks. The company is authorized under German law and regulated by the German Federal Financial Supervisory Authority (BaFin).
Headquartered in Frankfurt am Main, Germany, 360T maintains subsidiaries in New York (360 Trading Networks Inc), Singapore (360T Asia Pacific Pte. Ltd.), India (ThreeSixty Trading Networks (India) Pvt Ltd) and Dubai (360 Trading Networks LLC).
Further information: www.360t.com
Head of Marketing & Communication 360T Group
Tel: +49 69 900 289 112