All posts by Peter Weiler, EVP Managing Director, Data & Analytics

As trading has become increasingly complex and markets have evolved, transaction cost analysis (TCA) has shifted from a compliance function primarily for equities trading to one that actively drives front-office decision-making across all asset classes. Today, multi-asset TCA is an essential tool for both buy-side and sell-side firms in optimizing trade execution, managing risk and meeting regulatory requirements. 

Regulators in both the UK and EU are taking steps to make it easier for asset managers to charge clients for research without their consent (which was required under MiFID II). While the re-bundling creates complexities, it brings huge opportunities for asset managers. Neil Scarth, Principal at Frost Consulting, addressed these changes at our TT Connect: Unlocking Profit with Data & Analytics event last September. We’ve since caught up with Scarth about what the changes mean for asset managers and how they can capitalize on the opportunities. 

As the electronification of markets has led to greater transparency in global markets, so too has the power of trade analytics been enhanced to produce more comprehensive, accurate and actionable trading recommendations.