SMArtX Advisory Solutions Announces Partnership with Flyer Financial Technologies - DEV

SMArtX Leverages Flyer Financial Technologies to Upgrade Managed Accounts Solutions

WEST PALM BEACH, FL, August 23rd, 2022 — SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology and operator of the SMArtX turnkey asset management platform (‘TAMP’), announced a partnership with Flyer Financial Technologies (‘Flyer FT’) and its Co-Pilot OEMS, a cloud-based order and execution management platform. The integration of Flyer FT’s Co-Pilot OEMS and SMArtX’s UMA technology streamlines broker and custodial connectivity while expanding trading services and capabilities for advisors and asset managers using the SMArtX platform.

By integrating Co-Pilot OEMS via API, SMArtX clients will have full control over order instructions, order routing, and post trade allocation processing, while maintaining real-time visibility that supports ongoing portfolio management updates from advisors, model managers, and other platform participants. As a result, traders will improve execution quality and scale their middle and back-office trade operations.

“SMArtX is thrilled to partner with a leading WealthTech firm like Flyer FT to bring best-in-class trading capabilities to the managed accounts industry,” said Evan Rapoport, CEO of SMArtX Advisory Solutions. “This partnership will support asset managers and managed accounts providers that need a better way to deliver their services at scale.”

The partnership will enable traders at SMArtX enterprise firms, TAMPs, independent broker-dealers, and other providers to effortlessly trade at scale with a seamless experience. It will also assist asset managers looking to scale their middle and back-office operations while supporting accounts across multiple custodians. Flyer Trading Network is connected directly to over 100+ brokers and custodians supporting SMArtX’s current roster of 7 custodians and expansion plans for adding 2 more custodians.

“Flyer is excited to work with an innovative firm like SMArtX to enable a shared vision of delivering a feature-rich trade order management platform,” said Brian Bleasdell, Chief Product Officer of Flyer FT. “By using the Co-Pilot API, SMArtX has greatly enhanced their order management workflows and overall trading capabilities. The API enables third-parties, such as SMArtX, to integrate advanced OEMS functionality and trading connectivity in a fraction of time that it would have taken to build in-house.”

The partnership lays the groundwork for the next stage of SMArtX’s technological expansion: an end-to-end standalone portfolio management solution designed to support managed accounts across custodians for asset managers, while continuing to advance the capabilities of the SMArtX TAMP.

About SMArtX Advisory Solutions

SMArtX Advisory Solutions is an award-winning managed accounts technology provider and manages SMArtX, a turnkey asset management platform (‘TAMP’). SMArtX’s API-first, cloud-native technology operates within a modular, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product and ease of use, while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com

About Flyer Financial Technologies

Flyer Financial Technologies (Flyer FT) builds cutting-edge technology that solves asset and wealth management firms’ toughest trading workflows. As a leading cloud-based FinTech provider, Flyer FT serves wealth managers, asset managers, broker-dealers, RIAs, banks, TAMPs and other technology service providers. The platform includes Co-Pilot, a multi-asset trading platform, and Flyer Trading Network, an order and trade routing network with direct FIX connectivity. Co-Pilot and FTN enables advisors, portfolio managers, and traders the freedom to focus on performance at each stage of the trading lifecycle, from portfolio construction to trade execution. For more information, visit https://flyerft.com.

Benefits of the Partnership for Financial Advisors

The partnership between SMArtX Advisory Solutions and Flyer Financial Technologies offers significant advantages for financial advisors. By leveraging Flyer FT's Co-Pilot OEMS, advisors can enhance their operational efficiency, allowing for streamlined order management and execution processes. This integration empowers advisors to focus more on client relationships and investment strategies rather than getting bogged down in administrative tasks.

Moreover, the real-time visibility provided by the API integration helps advisors stay informed on portfolio management updates. This means they can make timely decisions based on the latest data, ultimately leading to better outcomes for their clients. The partnership thus represents a substantial improvement in the tools available to financial advisors, enabling them to provide superior service.

Technological Advancements in Managed Accounts

The integration of Flyer Financial Technologies' Co-Pilot OEMS marks a significant advancement in the technology used for managed accounts. This cloud-based platform not only enhances order routing and post-trade processing but also supports a seamless trading experience. Such technological innovations are crucial for financial firms looking to stay competitive in a rapidly evolving market.

As the financial landscape continues to shift towards digital solutions, the collaboration between SMArtX and Flyer FT exemplifies how technology can be harnessed to improve investment management. The result is a more agile and responsive platform that meets the demands of modern asset management, ultimately benefiting both advisors and their clients.

Future Developments in SMArtX's Technology Offerings

Looking ahead, SMArtX Advisory Solutions is poised to expand its technological capabilities even further. The partnership with Flyer Financial Technologies lays the groundwork for developing a comprehensive end-to-end portfolio management solution. This initiative aims to support managed accounts across various custodians, enhancing the flexibility and functionality of the SMArtX platform.

As SMArtX continues to innovate, users can expect a suite of advanced tools that not only streamline operations but also provide deeper insights into investment performance. This forward-thinking approach is essential for asset managers seeking to adapt to changing market conditions and client expectations.

Client Testimonials and Success Stories

Client testimonials play a vital role in illustrating the real-world impact of SMArtX's partnership with Flyer Financial Technologies. Many financial advisors have reported improved operational efficiency and enhanced client satisfaction since adopting the new technology solutions. These firsthand accounts highlight the tangible benefits of the collaboration, reinforcing the value proposition for prospective clients.

Success stories from asset managers who have leveraged the integrated platform showcase the effectiveness of the new workflows. By providing examples of increased trading volume and improved service delivery, these testimonials serve to validate the innovative approach taken by SMArtX and Flyer FT, encouraging others in the industry to consider similar advancements.