big xyt

Sell-side TCA

Use Case:
Sell-side TCA

Firm type:

Sell-side (investment banks and brokers)

What do you need/want to do?

Evaluate pre and post-trade execution quality for:

Validation of strategy performance and routing for internal clients

Validation of strategy performance and routing for external clients

Compliance and best execution requirements

Strategic measurement of algo/execution performance

What are the alternative solutions? What are their disadvantages?

In-house solution – cost of development and maintenance and lack of independence

Third party supplier – are they offering an independent solution, and how customisable is it?

What are the advantages of using big xyt’s solutions?

Web-based application with rich visualisations and API access to liquidity analytics of global markets

Gain an understanding of the approach of your peers

Outlier detection, spotting trends, custom solutions (e.g. algo wheel), report generation, feedback for performance testing and improvement

White labelling of solutions for your clients

Algo strategy R&D

Reduce the total cost of ownership (compared to building and maintaining in-house)

Strong technology knowledge – we have extensive analytics expertise; firms would need to hire or maintain this type of expertise

How long is the implementation and what resources are required from the client?

Our API is immediately available for those firms with in-house capability to use it

The onboarding process involves understanding your data model, file transfer, and demonstrating that our solution meets your needs

The desktop application solution may take longer to integrate to what your firm wants to view

What are the results/beneficial outcomes? What could you do now that you couldn’t do before?

Reduced effort and time to market

Delegation of development and non-proprietary input (potentially even some proprietary)

Independence of results if they were solely DIY before