TradingScreen Customers to Benefit from ITG Pre-Trade Analytics
Integration with Leader in Transaction Cost Analysis to Help Decrease Buy-Side Trading Costs, Mitigate Risk
New York — October 2, 2018 — TradingScreen Inc. (TS), the all-asset class order and execution management system (OEMS), today announced a strategic collaboration with ITG, a leading independent broker and financial technology provider. The collaboration will result in an integrated solution that allows TS customers to access ITG real-time analytics at the single-order and portfolio levels.
Providing valuable insight into the implications of trading decisions on the fly, this solution brings pre-trade analysis directly into the workflow and will help traders manage order flow as well as anticipate and mitigate execution risk. ITG is the leader in transaction cost analysis (TCA) and ITG Pre-Trade Analytics offers market impact estimates through the Agency Cost Estimator (ACE) model and indications of trading conditions through the proprietary market indicators.
“We are pleased to collaborate with TradingScreen to deliver ITG’s market-leading pre-trade analytics to our mutual clients,” said Kevin O’Connor, Managing Director for Analytics at ITG. “TradingScreen has provided traders the access and information needed to perform at their best.”
ITG Pre-trade analytics full integration within TS’ one-touch OEMS workflow solution, TradeSmart®, seeks to deliver more accurate cost estimates and support better returns for investors.
Additional features include:
- Synchronization with TS’ live order blotter
- Insight into real-time trading conditions via access to ITG key analytics, including Transaction Cost estimates (ACE Model) and Smart Market Indicators
- Seamless integration and access to all of ITG’s embedded analytics widgets
- Analytics support from ITG on single or list orders in global equities across more than 70 countries
“TradingScreen is the industry’s most comprehensive and compliant technology suite available and we will continue to cultivate relationships with industry leaders to further benefit our customers,” said Varghese Thomas, TradingScreen Chief Strategy and Operating Officer. “ITG pre-trade analysis will offer traders even more confidence in their decisions, whether it’s a single trade or portfolio orders, as this solution helps decrease risk and trading costs.”
We were born in the cloud, but our solutions are firmly grounded in expertise. As the leading expert in SaaS-based technology for financial markets, TradingScreen (TS) technology improves access and fully automates workflows, resulting in greater efficiencies and lower costs for our clients. From our electronic trading platforms to our investment management solutions to our global financial market network, we are the industry’s most comprehensive technology suite available. Our trading and technology experts are connected and positioned around the world, enabling a “Follow the Sun” 24-hour, six-days-a-week support approach that literally never stops. And we’re constantly evolving within a complex, ever-changing marketplace to create sophisticated, customizable and accessible solutions no matter what your trading needs.
About ITG Investment Technology Group (NYSE:ITG) is a global financial technology company that helps leading brokers and asset managers improve returns for investors around the world. We empower traders to reduce the end-to-end cost of implementing investments via liquidity, execution, analytics and workflow technology solutions. ITG has offices in Asia Pacific, Europe and North America and offers execution services in more than 50 countries. Please visit www.itg.com for more information.
TradingScreen: Marissa Arnold firstname.lastname@example.org
ITG: J.T. Farley email@example.com, (212) 444-6259
TS Imagine recently participated in SimCorp’s 3-day International User Community Meeting (IUCM) attracting over 500 clients from around the world. For those who were not able to attend the event, we offer this summary of the history, rationale and benefits of the TS Imagine/SimCorp alliance.
EMS integration automates historically manual processes, unlocking hard-to-find liquidity for the buyside community.