18 November 2017
visit www.aciworldwide.com

SunGard launches TCA tech for FX trading

11 December 2014  |  3055 views  |  0 Source: SunGard

SunGard has launched an independent, real-time transaction cost analysis (TCA) solution for foreign exchange (FX) trading to help traders, corporate treasurers and portfolio managers understand the quality of their FX executions.

SunGard’s FX TCA solution helps firms gain transparency over their FX trading by providing real-time FX pricing and transaction data on a customizable data analysis toolkit delivered in a software-as-a-service (SaaS) environment.

The absence of a central or regulated pricing venue is driving the need for FX pricing transparency for managing exposure and costs. As FX execution unbundles from custody arrangements, and trading continues to move from manual to electronic methods, more attention is being paid on monitoring the cost of execution, closing out positions intraday to drive real-time trading and hedging of FX risk, and utilizing TCA to evaluate performance while maintaining better control over pricing. SunGard’s FX TCA solution analyzes FX transactions and shows the relative performance of the customer’s FX trading activity.

“With growing adoption of electronic FX trading, including algorithmic order routing, becoming an integral part of the daily workflows of real asset managers, hedge funds, and corporate treasury departments’ end-users alike, the resulting demand for FX TCA services of all types - post-trade, pre-trade, and real-time analysis - will continue to grow healthily into the foreseeable future.”  – Howard Tai, senior analyst, Aite Group

“Corporations, insurance companies, pension funds and asset managers know that the FX component of their trading performance is becoming more important to track and manage as investors seek alpha. As an independent provider of pricing data and analysis not tied to a particular execution venue or pricing source, SunGard is able to focus on helping organizations gain real-time performance of trading activities while providing clients with the flexibility to maintain their current broker relationships.”  – Bob Santella, president, SunGard’s global trading business

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.abe-eba.euvisit www.vasco.comvisit www.atos.net

Top topics

Most viewed Most shared
Ripple boss predicts central bank adoption of blockchainRipple boss predicts central bank adoption...
13103 views comments | 21 tweets | 21 linkedin
Singapore central bank open sources blockchain prototypesSingapore central bank open sources blockc...
11818 views comments | 15 tweets | 28 linkedin
Digital receipt startup Flux scores game-changing deal with BarclaysDigital receipt startup Flux scores game-c...
9925 views comments | 20 tweets | 36 linkedin
AmEx partners Ripple and Santander for blockchain-enabled cross-border paymentsAmEx partners Ripple and Santander for blo...
9440 views comments | 13 tweets | 39 linkedin
UK cryptocurrency exchange startup launches debit card for spending bitcoinUK cryptocurrency exchange startup launche...
7970 views comments | 26 tweets | 37 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job