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.”
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