Eze Software, the leading investment technology firm, has partnered with Trade Informatics, the transaction cost analytics (TCA) provider. The move will give Eze Investment Suite users access to Trade Informatics’ advanced post-trade analytics and allow them to assess their execution performance against key and custom benchmarks.
Bill Neuman, Managing Director, Product Management & Development for Eze Software, said:
Trade Informatics delivers one of the most comprehensive, flexible and actionable TCA solutions in the market today. By combining TI’s comprehensive order profiling with the capability to act on trading decisions quickly and systemically, we are enhancing our clients’ ability to provide a solid framework for best execution under MiFID II.
With Trade Informatics’ tools and insights designed to help institutional investors improve their execution performance, asset managers are able to customize and align trading strategies with portfolio manager characteristics to optimize trading results. In addition to evaluating their performance versus benchmarks, Eze Software’s clients can use Trade Informatics’ tools to perform peer comparisons across managers, traders, brokers, algorithms, and venues to track long-term performance trends. As a result, traders will be able to act on the information to adjust their position in the market.
The integration of Eze OMS and Eze EMS with Trade Informatics’ TCA will allow traders to adjust their strategies to minimize trading costs and maximize alpha.
Allan Goldstein, Chief Operating Officer of Trade Informatics commented:
We are excited to be partnering with Eze, a company whose market strategy and corporate ethos are synergistic with our own. Combining our best-of-breed products will extend the capability of portfolio managers to align their alpha profiles with their execution strategies, lowering implementation costs and narrowing the gap between expected and realized returns.
With the goal of helping institutional investors retain more of their alpha, Trade Informatics provide rigorous trade analysis, action-oriented consulting, industry-leading trade reporting, customized systematic trading and centralized workflow management.
Boston-based Eze Software was founded in 1995. Its clients include PAX, Kriya Capital, and Salt Rock. The company provides cloud-based platforms and applications for order and execution management, compliance, portfolio and investor accounting, and more.