HelioGraph says Framlington Group will use its TradeFlow transaction management solution.
Framlington Group, a fund manager with ?2.9 billion under management for pension funds, charities, investment trusts, institutions, PEP, ISA and unit trusts, believes TradeFlow will increase operational efficiencies as it opens up new business units and increases trading volumes. Framlington Group currently operates a manual post-trade process.
“HelioGraph’s knowledge and market guidance complements the benefits offered by TradeFlow and this was a key factor in the selection process,” says Steve Debourde, Head of Data Administration at Framlington Group. “Their financial stability in the market makes us feel confident in developing our use of the solution in the future.”
Amery Thomas, CEO at HelioGraph added: “We welcome Framlington to the extensive TradeFlow user base. TradeFlow is a market leader that has benefited from years of input from the industry, and will significantly reduce operational risk in the trade process for Framlington.”