Discover Transaction Cost Analysis
Transaction Cost Analysis (TCA) provides complete visibility to monitor, measure and compare execution performance consistently across all counterparties and venues.
Upgrade to Seamless TCA
TradingScreen has transformed it's TCA module into a comprehensive and flexible Tableau-based reporting tool to meet best execution requirements. As the solution is fully integrated with TradingScreen’s all-asset class and broker-neutral OEMS, TradeSmart, there is no set-up required and no need for a data delivery support system.
TCA offers your firm advanced customizable options, including the ability to identify preferred performance benchmarks, parameters for TCA reporting and report scheduling. For enhanced decision-making, you can analyze each and every trade executed on TradeSmart OEMS in detail with the tool’s all-new, cutting-edge reporting and visualization features.
Key TCA Benefits:
- Order evaluation at both the parent and child order level
- Industry-recognized benchmarks
- Multi-asset class offering
- Seamless integration between the TS EMS platform and the TS post-TCA service
- Customized solutions with bespoke reporting available
- Broker neutral service
- Interactive web dashboards for easy cost analysis
- TCA Visualization
TS provides a comprehensive service comprising pre-trade, real-time and post-trade TCA. Interactive web dashboards are available for easy cost analysis.
- Multi-Asset Class Solution
The post-trade TCA solution incorporates the following asset classes: Equities, Exchange Traded Futures, FX and Fixed Income.
- Data Coverage
TS maintains its own market data repository for equities and futures, covering 5+ years of historical trade and quote data for all major exchanges.
- Automated Order Processing
The TS post-trade TCA service is a fully integrated automated workflow. Order data is processed daily for benchmark collection, with trades reported in our web portal on a T+1 basis. All order data is stored on TS secure database servers, ensuring that clients no longer have to dedicate administrative resources to providing external data files.
- TCA Reporting
Web-based reporting dashboards for clients to view execution costs in multiple ways, including trader, broker, and venue. We provide a custom reporting service allowing clients to create solutions that are tailormade to their requirements.
- Dedicated Support
TS provides its clients access to a 24-hour chat and phone support service and product use training free of charge.
Why Use TCA:
TCA equips you to interpret trade performance and lifecycle that extract valuable insights.
Data & Analytics
Leverage comprehensive decision-support and analytics capabilities to validate, compare and measure the performance of traders, brokers, venues, and algorithms right down to a granular level.
Our integrated TCA reporting functionality enables you to monitor best execution against benchmarks that are chosen in line with your investment style and strategy.