Transaction Cost Analysis (TCA)
Measure and Manage Best Execution
Our multi asset Transaction Cost Analysis (TCA) tool combines your bespoke trade data with our industry leading market data sets to produce the best-in-class TCA metrics, benchmarks and reporting. This solution provides three essential benefits to buy side and sell side firms:
- Actionable Insight into execution quality and trading costs
- Regulatory Compliance
- Optimisation of Alpha to maintain competitive advantage
Evolving market practices and global regulations such as MiFID II have increased scrutiny over best execution practice. As the concept of best execution has developed from the best available price at a point in time to a more holistic view of the investment process, the need to measure and manage increasingly complex trades and execution processes has grown significantly.
For buy-side firms, this advanced trading analysis solution provides the key trading intelligence for verifying execution quality across a range of benchmarks, from “high touch” to direct market access.
For sell-side firms, our sophisticated evaluation analytics for algorithms and smart order routers provide for the next generation of execution quality reporting and deliver trading intelligence valued by trading desks.
Products & Solutions
Factsheets
Download Trading Analytics – Future TCA
An independent Futures TCA tool that provides global empirical performance data to help measure and manage best execution.
Download Trading Analytics - Algorithmic Trading Insights
Independent Algorithm and Strategy Insights from a Global Peer
Download TCA services for fixed income
Independent Fixed Income TCA tool that provides global empirical performance data to help measure and manage best execution
Download Trading Analytics – Fixed Income Peer Universe
A tool to compare your Fixed Income execution quality against industry peers
Download TCA equity services for buyside
Independent Equity TCA tool that provides global empirical performance data to help measure and manage best execution for buyside
Download TCA equity services for sellside
Independent Equity TCA tool that provides global empirical performance data to help measure and manage best execution for sellside
Download TCA services for FX
Independent FX TCA tool that provides global empirical performance data to help measure and manage best execution
Download TCA loans and money market instruments
Independent loans and money market TCA tool that provides global empirical performance data to help measure and manage best execution
Download TCA for credit default swaps
Transaction cost analysis and best execution reporting for single name CDS and Index CDS instruments
Download Best Execution for OTC Derivatives
Independent, multi-contributor, validated service providing post trade performance data to help measure and manage best execution
Related Products
Customers
- Investment managers
- Pension plans
- ETF providers
- Risk and compliance officers
- Investment consultants
- Transition managers
- Algorithmic trading firms
- Investment banks
Awards
Best TCA System Provider Award
Outstanding TCA Provider Award
Waters Rankings - Highly Commended
Thought Leadership Insights
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