Global provider of credit and asset management technology, data and services,Linedata is teaming up with leading quantitative analytics firm, Trade Informatics (TI) to usher in the next generation of trading and advanced pre-trade analytics beyond how the market has traditionally defined and imagined transaction cost analytics (TCA).
This partnership marks the launch of Linedata’s suite of execution analytics. Harnessing TI’s Strategic & Tactical Analytic Research & Trading (START), a broker neutral, intelligent trading engine, Linedata’s clients are now able to minimize cost and maximize performance by creating workflows that tie order source alpha directly to their execution strategy.
Linedata and TI’s integrated offering provides actionable intelligence by combining analytics and trading. Powered by START, Linedata’s OMS now aligns TI’s advanced pre-trade cost estimates with the client’s systematic trading and investment strategy, which results in improved trade performance.
“Linedata’s strategic vision and unique combination of software, data and services are well aligned with our strategic partnership principles,” noted Tom Kane, Trade Informatics’ Global Head of Sales. “We are excited to be working with the Linedata team to bring portfolio managers new analytics insights and a mechanism to more effectively tackle best execution challenges.”
“We continue to seek out partners that drive better decisions into our clients’ workflow,“ said Gary Brackenridge, Head of Strategy and Business Development for Asset Management at Linedata. “This partnership forwards Linedata’s high value content and analytics strategy, providing our clients with new sources of intelligence and leading decision tools to support their ability to deploy an optimized trading experience with every trade.”