Arcons offers full FIX (Financial Information xChange) integration

Arcons' tradePort trading and rebalancing solution helps firms send trades/allocations to FIX

SAN CARLOS, Calif., May 2, 2025 /PRNewswire/ -- Arcons Technology, Inc.® announced integration with FIX protocol on their trading platform tradePort.

Arcons' trading and rebalancing solution "tradePort" offers its users a seamless way to create trades based on either their flexible allocation models, one off trades or specific trades via add cash/raise cash operations. In addition, with one button click, firms can execute firmwide tax loss harvesting while guarding for wash sales.

For firms managing a large number of accounts, it is important that all their daily trades are sent to the custodians on a timely basis for execution and allocate the executions to each investor's account. For quarterly account rebalancing or daily one-off trading, the number of trades could be sufficiently large that FIX integration could be a lifesaver for trading back-office staff.

To achieve higher efficiency, lower error rate and to track records accurately, Arcons has integrated tradePort with FIX providers SunGard and Flyer. Using this, advisory firms can send their trades to their custodians over either FIX connection with a single button click. Executed trades can further be allocated to respective accounts using FIX messages.

"We use FIX to execute the trades and are happy that tradePort is integrated with FIX. We have accounts at multiple custodians including Schwab, Fidelity, NBIN, Goldman Sachs and Arcons implemented a FIX connection with all of them. Multi-currency trading was the biggest challenge for us and tradePort handled it without a hitch. The Arcons team is super quick in turning things around," said Jeff Smith, Managing Director, at One Capital Management.

"With our FIX integration, the trade execution process is fully automated, and we are thrilled to offer this efficiency to advisory firm. The FIX connection is supported with underlying FIX providers such as Flyer and SunGard and other providers can be supported easily. Additional custodians can be accommodated with ease as well," said Hemant More, CEO of Arcons Technology, Inc.

About Arcons Technology, Inc.
Founded in 1998, Arcons provides customizable solutions tailored to clients' needs fully and cost effectively. At present, Arcons' solutions are in use by firms who cumulatively manage over $1 trillion.

Arcons offers a suite of products named Portfolio Edge, a SaaS offering that has modules for billing, reporting, trading and rebalancing, CRM and advisor/client Portal. Clients can use selected or all modules per their firm's needs.

Media Contact
Jeevan Gosavi
(650) 533-3452
info@arconstech.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/arcons-offers-full-fix-financial-information-xchange-integration-302444968.html

SOURCE Arcons Technology, Inc.