ConvergEx Group, a leading technology company, today announced that its award-winning order management system, the Eze OMS, has released a new TCA Framework, a flexible and vendor-neutral software architecture that offers advanced transaction cost analysis (TCA) tools from leading providers.
Barclays Capital is the first to integrate its toolkit, Portfolio WebBench.
Portfolio WebBench offers pre-trade and post-trade analytics for equities, ETFs, currencies, equity index futures and convertible bonds. It features over 60 reports to provide insight at every stage of the investment process, from portfolio construction to post-trade analysis.
"With a growing need for order transparency and best execution analysis, our clients are adopting more TCA tools into their workflows. The release of the Framework was in response to that increasing demand," said Jeff Gavin, director of global product management for ConvergEx's Eze Castle Software. "The sophisticated solutions offered by Barclays Capital are some of the best in the industry and can help clients optimize their investment strategies and enhance their investment performance."
"Through this integration, Eze clients can quickly and conveniently access Portfolio WebBench to make critical decisions without the added burden of having to alternate between two systems," said Bill Bell, head of Americas Equities Electronic Trading Distribution at Barclays Capital.
Eze plans to continue to add more offerings to the framework throughout the year.