Advent Software, a provider of software and services for the global investment management industry, recently entered into an integration agreement with block execution system provider, Pipeline. In line with its recently announced trading integration strategy, this new relationship with Pipeline underlines Advent's commitment to respond to the needs of its 800-plus Moxy client base, by providing a connection to a proven leader in the alternative liquidity marketplace.
Moxy is the most widely used order management system (OMS) software in the industry, serving as the hub of the trading desk by providing access to the tools and destinations that traders require. The relationship will leverage the Moxy 6.0 platform to create an easy-to-use and rapidly accessible integration between Moxy and the Pipeline pool of liquidity. Launched last June, Moxy 6.0 is the latest version of Advent's trade order management solution, providing greater speed and powerful workflow enhancements to the trading desk. "Integrating with Pipeline is consistent with Advent's strategy to expand trading options for its Moxy clients," said Tim Decker, product manager of electronic trading and connectivity at Advent, in a press release.