FlexTrade Hires Fintech Expert as Head of Fixed Income Sales

FlexTrade Hires Fintech Expert as Head of Fixed Income Sales

Time Stamp: November 9, 2023 6:35 AM
Source Node: 2374475

In an
industry where technology and market fragmentation present ongoing challenges,
FlexTrade Systems has onboarded Michael Kovach as the Head of Fixed Income
Sales in the Americas. Kovach, an experienced professional with a strong
background in fintech and electronic trading solutions, joins the multi-asset
execution and order management systems provider to further the adoption of
FlexFI, the company’s Fixed Income EMS.

Kovach’s
arrival marks an important moment for FlexTrade as the company seeks to address
the complex issues facing the buy-side in the fixed income market. Based out of
New York, Kovach will spearhead sales and business development for FlexTrade’s
Fixed Income EMS.

Michael Kovach, Head of Fixed Income Sales at FlexTrade

“I am
thrilled to join a company that has such a strong reputation in both the Fixed
Income and multi-asset trading technology market,” Kovach commented. “I look
forward to joining the team at FlexTrade and leveraging innovative technology
to provide best-in-class solutions for the fixed income desk.”

Kovach’s
20-year tenure in the industry, highlighted by roles at BlackRock’s Aladdin
business and Liquidnet, positions him as an good choice to foster growth and
navigate the needs of fixed income desks. The Fixed Income EMS, FlexFI, stands
at the forefront of this push, promising to streamline complex workflows and
ensure compliance with high execution obligations.

For FlexTrade
Systems this is another C-Level hire in the Sales Team. In March, the company
onboarded Rajiv Shah as the EMEA Sales Head.

Aaron
Levine, the Senior Vice President of Sales at FlexTrade, expressed his
excitement about Kovach’s arrival, noting his vast expertise and the depth of
insight he brings to the fixed-income business.

“I look
forward to joining the team at FlexTrade and leveraging innovative technology
to provide best-in-class solutions for the fixed income desk,” Levine added.

Recent Partnerships and AI
Integration

In
September 2023, FlexTrade announced a partnership with Tradefeedr, a
renowned foreign exchange data analytics provider. This collaboration aims to integrate Tradefeedr’s advanced FX pre-trade forecast data into
FlexTrade’s FlexTRADER EMS platform, thereby optimizing FX trading workflows.
The integration responds to the FX traders’ increasing demand for
comprehensive data sets that foster transparency and informed decision-making
in trading activities.

Just a few
months prior, in July 2023, Amundi Intermédiation, a subsidiary of Amundi Asset Management, revealed its plan to deploy FlexTRADER EMS.

Earlier in
May, FlexTrade Systems launched artificial intelligence-driven (AI)
functionality within its flagship. The AI system is designed to enhance the
interaction of trading teams with their data and trading technology solutions.
Traders can use natural language to rapidly interact, interrogate, and
understand data in the manner which makes the most sense to them.

In an
industry where technology and market fragmentation present ongoing challenges,
FlexTrade Systems has onboarded Michael Kovach as the Head of Fixed Income
Sales in the Americas. Kovach, an experienced professional with a strong
background in fintech and electronic trading solutions, joins the multi-asset
execution and order management systems provider to further the adoption of
FlexFI, the company’s Fixed Income EMS.

Kovach’s
arrival marks an important moment for FlexTrade as the company seeks to address
the complex issues facing the buy-side in the fixed income market. Based out of
New York, Kovach will spearhead sales and business development for FlexTrade’s
Fixed Income EMS.

Michael Kovach, Head of Fixed Income Sales at FlexTrade

“I am
thrilled to join a company that has such a strong reputation in both the Fixed
Income and multi-asset trading technology market,” Kovach commented. “I look
forward to joining the team at FlexTrade and leveraging innovative technology
to provide best-in-class solutions for the fixed income desk.”

Kovach’s
20-year tenure in the industry, highlighted by roles at BlackRock’s Aladdin
business and Liquidnet, positions him as an good choice to foster growth and
navigate the needs of fixed income desks. The Fixed Income EMS, FlexFI, stands
at the forefront of this push, promising to streamline complex workflows and
ensure compliance with high execution obligations.

For FlexTrade
Systems this is another C-Level hire in the Sales Team. In March, the company
onboarded Rajiv Shah as the EMEA Sales Head.

Aaron
Levine, the Senior Vice President of Sales at FlexTrade, expressed his
excitement about Kovach’s arrival, noting his vast expertise and the depth of
insight he brings to the fixed-income business.

“I look
forward to joining the team at FlexTrade and leveraging innovative technology
to provide best-in-class solutions for the fixed income desk,” Levine added.

Recent Partnerships and AI
Integration

In
September 2023, FlexTrade announced a partnership with Tradefeedr, a
renowned foreign exchange data analytics provider. This collaboration aims to integrate Tradefeedr’s advanced FX pre-trade forecast data into
FlexTrade’s FlexTRADER EMS platform, thereby optimizing FX trading workflows.
The integration responds to the FX traders’ increasing demand for
comprehensive data sets that foster transparency and informed decision-making
in trading activities.

Just a few
months prior, in July 2023, Amundi Intermédiation, a subsidiary of Amundi Asset Management, revealed its plan to deploy FlexTRADER EMS.

Earlier in
May, FlexTrade Systems launched artificial intelligence-driven (AI)
functionality within its flagship. The AI system is designed to enhance the
interaction of trading teams with their data and trading technology solutions.
Traders can use natural language to rapidly interact, interrogate, and
understand data in the manner which makes the most sense to them.

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