APX and Moxy Powers the Growth Strategy for Pendo LLC


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Source: Advent Software
Date: July 2010
Type: Case Study
Rating: (0)

Overview: From portfolio construction through trade execution to final settlement and allocation, Moxy provides a centralized platform for managing the firm’s trading. Around 70% of Pendo’s trading is electronic, leveraging Moxy’s FIX connectivity with brokers. “The FIX connection in Moxy works very well,” says Ms. Larsson. “I’m able to see when the trade is sent, trade status, when it’s received, and that it’s pending. I’m able to see when it partially fills or fully fills, then allocate it and send the allocation very quickly. It’s a very seamless process.” Having both the trading and portfolio management platforms from Advent is also efficient. “Importing and exporting data from APX to Moxy works very well.”

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