Dash360 provides order-to-execution level transparency, detailing and visualizing exchange fees, venue controls, routing analysis and performance reporting. The new tools provide a cockpit of real-time portfolio-level analytics, which include realized and un-realized performance tracking, duration and cash management visualizations, industry/market cap/liquidity analytics, venue and routing analysis, corporate action and earnings calendars, and detailed TCA reporting and analysis capabilities.
Jennifer Hubbs, Co-Head of Portfolio Trading Solutions Group at Dash, said: “Our team has worked for many years with investment professionals on their portfolio execution challenges, and invariably the struggles come back to shortcomings around transparency, performance and control. As the rise of PT as a workflow continues, this new solution simplifies and visualizes in real-time the huge amount of data these traders are parsing to help them focus only on outliers and other special situations, which ultimately enables them to add operational alpha to the execution process. We have had a phenomenal response from early adopters of this product thus far and are extremely excited for the broader institutional trading community to now use it.”
David Karat, Chief Creative Officer and product lead at Dash, said: “Recent regulatory changes such as MiFiD II have done a fantastic job of engendering more transparency globally in an industry that has traditionally been fairly opaque. While this is a wonderful development, this creates a tremendous amount of new data at a time when buy side is continually being asked to do more with less. It is therefore critical that they have the analytics, reporting and visualization tools that allow them to cut through the noise by presenting clear, concise and actionable intelligence. Dash360 is a great platform that allows us to not only express our analytics, but continually and seamlessly innovate to ensure we remain at the forefront of the institutional technology and execution space.”
The new portfolio trading analytics follows the addition of a new Closing Auction analytic, detailing historic, predicted and actual market/auction volumes, as well as visualizations of the expected execution schedule and cash flow launched in Q4 2018.
2018 was a very active year for Dash Financial Technologies when it comes to executive moves. The firm hired James Doherty as Managing Director, Head of Equity Product. Doherty is a former talent at Credit Suisse, having co-headed the Advanced Execution Services (AES) electronic trading platform and US Equities Trading.