Flyer Financial Technologies

What Flyer Financial Technologies does

Flyer Financial Technologies, operating as FIX FLYER, LLC, is a New York-headquartered, privately held fintech founded in 2015 by Wall Street veterans from BlackRock, JPMorgan, NYSE Technologies, and Bloomberg. The company provides cloud-native portfolio management, order management, and trading infrastructure software to the wealth management industry, with offices in New York, Hyderabad (India R&D hub), Mexico City, and London, and 100+ employees worldwide. Its product architecture centers on Co-Pilot, a unified PMS/OMS that automates the trade lifecycle across custodians and asset classes including crypto and alternatives; the Flyer Trading Network (FTN), which provides direct connectivity to hundreds of custodians and brokers; and FIX Enterprise Software, including a FIX Engine, CME iLink3 gateway, testing/certification, and risk monitoring for high-performance electronic trading.

The company serves three primary enterprise segments — large RIAs ($20B+ AUM), independent broker-dealers, and multi-strategy asset managers — plus TAMPs and wealthtech platforms served via API/embedded distribution. Go-to-market combines direct enterprise field sales (BDRs and sales executives) with an API-first channel strategy mediated through deep integrations with Orion, Envestnet/Tamarac, Morningstar, Schwab, Pershing, UBS, State Street, Bank of America Merrill Lynch, Advyzon, Clearwater, and others. Revenue is generated through quote-based annual SaaS subscriptions to Co-Pilot/FTN/FIX modules and API/licensing fees for embedded integrations, with pricing tiered to firm size, AUM, and trading volume. Embedded AI is used for intelligent exception handling within the trade lifecycle, but AI is positioned as a productivity feature rather than a core differentiator. The company has remained bootstrapped and founder-led throughout its growth, with no disclosed institutional funding.

Name

Flyer Financial Technologies

Legal name

FIX FLYER, LLC

Website

https://flyerft.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

Flyer Financial Technologies provides cloud-native portfolio and order management software for the wealth management industry. Its Co-Pilot platform unifies PMS, OMS, and trading connectivity for large RIAs, broker-dealers, and asset managers, complemented by FIX infrastructure and API licensing.

Ownership category

akta.pro rank

Product category

Wealth Management Trading Software

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Multi-Asset Electronic Trading Platforms (FSAFANAH)

akta.pro secondary industries

Algorithmic Trading & Execution Platforms (FSAFANAN), Fixed Income Electronic Trading Platforms (Bonds/Credit) (FSAFANAB)

Keywords

• Portfolio management software
• Order management system
• Trading connectivity network
• FIX protocol infrastructure
• Wealth management technology

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Platform Subscriptions: Subscription-based access to Co-Pilot PMS/OMS platform, Flyer Trading Network connectivity, and FIX Enterprise Software. Pricing is quote-based and tiered based on firm size and trading volume.
2. API/Developer Access: API access and licensing for technology platforms and wealthtech firms to integrate Flyer's trading infrastructure into their products.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Flyer Financial Technologies provides a cloud-native portfolio and order management platform (Co-Pilot) combined with a trading connectivity network (Flyer Trading Network) and FIX protocol infrastructure (FIX Enterprise Software) for wealth and asset management firms. The platform automates the full trade lifecycle — order entry, multi-custodian allocation, post-trade processing, reconciliation, and exception handling — across hundreds of custodians and brokers, including crypto and alternatives. It is delivered as a SaaS subscription with API access for partner and TAMP integration.

Product overview

Flyer Financial Technologies offers a unified portfolio management and trading platform architecture consisting of three core products: Co-Pilot (cloud-based PMS/OMS), Flyer Trading Network (FTN, connectivity platform), and FIX Enterprise Software (FIX infrastructure). Co-Pilot serves as the central intelligent command center unifying portfolio management, order management, and API connectivity across all major custodians and brokers. The Flyer Trading Network provides direct connectivity to hundreds of custodians and brokers, enabling automated workflows across accounts and asset types including crypto and alternatives. FIX Enterprise Software delivers high-performance FIX protocol infrastructure for electronic trading with testing, certification, and risk management capabilities. The platform is built on embedded AI and intelligent exception handling to automate trade lifecycle processes.

Differentiator

Problem solved

Functional benefit

Products and services

• Co-Pilot Cloud-based unified portfolio management and order management platform (PMS/OMS) for front, middle, and back office teams. Automates trade lifecycle including trade creation, order management, allocation, and post-trade processing across custodians, accounts, and asset types including crypto and alternatives.
• Flyer Trading Network (FTN) Cloud-based trading connectivity network providing direct connectivity to hundreds of custodians and brokers. Enables centralized trading, front-to-back trading operations, and trading security across the wealth management stack.
• FIX Engine FIX infrastructure software for high-performance electronic trading. Includes FIX Engine software, testing and certification capabilities, and risk gateway and monitoring for enterprise trading operations.
• CME Engine CME iLink3 gateway for connecting to Chicago Mercantile Exchange trading infrastructure.
• Flyer API Platform RESTful API platform providing connectivity and trading capabilities to wealth and asset management firms, including automated trade transmission, order routing, custodian connectivity, real-time data exchange, and integration with third-party wealth management tools.

Quantifiable outcome

• Grew to three custodians without hiring a single new ops person
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration24 records

AI capability1 record

Feature6 records

Partnerships

Twelve partnerships are on record, tiered core and major.

• MorningstarcoreTechnology or IntegrationStrategic partnership providing portfolio management, trading connectivity, and data integration for wealth management solutions.
• OrioncoreTechnology or IntegrationIntegration partnership for trading platform connectivity and portfolio management solutions for wealth advisory firms.
• EnvestnetcoreTechnology or IntegrationTamarac platform integration providing advanced fixed-income trade processing via Flyer's Co-Pilot OMS for Envestnet's RIA clients.
• PershingcoreTechnology or IntegrationCustodian connectivity and trading integration partnership providing direct access for Flyer clients.
• Charles SchwabcoreTechnology or IntegrationStrategic partnership providing custody connectivity and third-party integration for Schwab-based advisors and wealth management firms.
• UBSmajorTechnology or IntegrationCustodian connectivity partnership for UBS wealth management clients.
• TamaraccoreTechnology or IntegrationDeep integration for fixed-income trading via Flyer's Co-Pilot order management system, providing advanced trade processing for Tamarac's RIA clients.
• SmartXmajorTechnology or IntegrationPortfolio management platform integration for wealth management technology connectivity.
• AdvyzonmajorTechnology or IntegrationPortfolio management and practice management platform integration providing trading connectivity for Advyzon clients.
• Clearwater AnalyticsmajorTechnology or IntegrationInvestment data and analytics integration partnership for accounting and reporting connectivity.
• Bank of America Merrill LynchmajorTechnology or IntegrationCustodian connectivity partnership providing access for wealth management clients using Bank of America platforms.
• State StreetmajorTechnology or IntegrationInstitutional custody and asset management connectivity partnership for large-scale operations.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• FactSet Workstation: Institutional portfolio analytics and trading workstation used by asset managers; overlaps with Flyer's institutional OMS/execution capabilities and is referenced as a Flyer integration partner.
• SS&C Advent / Eze: SS&C's wealth and asset management software suite (Advent Geneva, Axys, Eze EMS) competes with Flyer's PMS/OMS and FIX infrastructure across both wealth and institutional segments.
• BlackRock Aladdin: Enterprise investment management platform used by large asset managers and asset owners for portfolio management, trading, and risk — represents the upper-end incumbent that Flyer's institutional OMS competes against for multi-strategy asset managers.
• Morningstar Office: Portfolio and practice management suite for advisors; overlaps with Co-Pilot on PMS functionality and is both a competitor and Flyer integration partner through Morningstar Workstation and broader data/analytics offerings.
• Bloomberg AIM: Bloomberg's order and investment management platform for buy-side asset managers; competes with Co-Pilot at the institutional asset-manager segment and shares the same FIX-protocol backbone that Flyer specializes in.

Direct peers

• Envestnet (Tamarac): Major wealth management technology platform offering Tamarac OMS and related trading/rebalancing tools; directly competes with Flyer's Co-Pilot for RIA and broker-dealer clients and is one of Flyer's own integration partners.
• Addepar: Wealth management technology platform serving large RIAs and family offices with portfolio analytics, reporting, and trading workflows; directly comparable in target customer (large RIAs) and platform positioning, though with stronger capital base.
• Orion Advisor Solutions: Wealthtech platform providing portfolio management, trading, rebalancing, and reporting for RIAs; competes head-to-head with Co-Pilot for advisor workflows and is also a Flyer integration partner.
• Advyzon: Portfolio management and practice management platform for RIAs; competes with Co-Pilot for advisor trading workflows and is also a Flyer integration partner.

Emerging players

• FlexTrade: Provider of multi-asset execution management systems (EMS) and FIX connectivity for buy-side firms; closely comparable to Flyer's FIX Engine and Flyer Trading Network on the institutional execution side.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Flyer_FT
• LinkedInlinkedin.com/company/flyerft

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flyer Financial Technologies