Tuesday, September 29
Skinners’ Hall, London
Transaction Cost Analysis (TCA)
Improve execution quality with independent, multi-asset TT® TCA across every stage of the trade life cycle.
Benefits
Trusted Expertise
Make better-informed trading decisions using proven tools trusted by over 500 firms and built on decades of TCA experience.
Independent
Receive unbiased cost insights, with no proprietary trading account.
Custom Modeling
Build more accurate cost and liquidity projections by combining your trade data with a global peer universe.
Real-Time Decision Support
Reduce slippage and preserve alpha by reacting mid trade with live cost signals, liquidity indicators and alerts.
Peer Benchmarking
Compare your trading performance against the largest global peer universe and historical market data with over 1,000 cost metrics.
Drag-and-Drop Analytics
Explore data intuitively with easily customizable data segments and views.
Custom Report-Building
Generate and automate reports for trading desks, client communications and regulatory compliance.
Workflow Integration
Integrate TCA analytics with your OMS/EMS or portfolio workflows to streamline decisions via API connectivity.
Secure, Permissioned Access
Protect sensitive data with permissioned user views, anonymized peer data and long-term secure data retention.
Highlights
- Gain transparency across the full trade life cycle with unified pre-trade, real-time and post-trade analytics.
- Access the largest global universe of historical market data to benchmark execution quality against institutional peers.
- Monitor performance in real time to adjust trading decisions before costs escalate.
- Generate precise peer comparisons using composite benchmarks aligned to your trading style and asset mix.
- Drill down to single trade-level detail to understand cost drivers, execution timing and market context.
- Evaluate strategy effectiveness and performance with over 1,000 built-in post-trade measures.
- Strengthen best execution governance with transparent, defensible measurement and oversight tools.
- Get expert guidance to properly interpret your analytics from our team of subject matter experts.
ASSET MANAGERS
Forecast costs before trading, monitor execution in real time, and measure performance post trade with independent, multi-asset TCA. Leverage peer benchmarking, custom modeling, real-time alerts and reporting to reduce trading costs, demonstrate best execution oversight and protect performance.
ASSET OWNERS
Fulfill your legal obligations with the industry’s most comprehensive TCA. Actively monitor managers and their brokers’ trading processes across equities, fixed income, FX, options and futures for best execution. Control trading costs, flag compliance issues, assess fund capacity and generate audit-ready reports to manage risk and strengthen governance.
BROKERS
Demonstrate best execution. Monitor trade routing, analyze execution quality, and validate compliance across equities, fixed income, FX, options and futures. Our peer benchmark universe empowers your team with the tools and context needed to define, monitor and explain best execution, with audit-ready reporting to provide transparent, independent and defensible evidence of performance to clients and regulators.
Identify Opportunities
Model expected participation, liquidity conditions and alternative strategy paths. Test scenarios and simulate “what-if” outcomes.
Assess Costs
Estimate market impact and slippage using mathematical and empirical models based on global peer data.
02
Monitor
View performance as trades occur so you can respond to shifting market conditions and emerging cost pressures.
Learn about TT Real-Time TCA
Real-Time Insight
Monitor execution quality, identify emerging cost pressures and detect exceptions using real-time dashboards, heat maps and visual indicators.
Act and Optimize
Modify strategy or routing when conditions change. Highlight deviations from benchmarks and explore data with drag-and-drop tools.
03
Measure
Prove performance, uncover trading improvements and strengthen best execution oversight.
Learn about TT Post-Trade TCA
Evaluate Results
Analyze timing, market context, route selection and cost drivers at the trade or fill level across all major asset classes.
Benchmark and Improve
Measure outcomes against the largest, anonymized, global peer benchmark universe for contextual insight. Identify patterns and drivers that influence costs and execution quality over time.