Aite Matrix Client Reference Feedback: Multi-Asset Class TCA Becoming a Necessity

It will become harder and harder for buy-side firms to win over clients without robust TCA practices. The shift to offering multi-asset class TCA analytics is happening in earnest across third-party providers. Deep and robust tools will be necessary as clients continue to address inquiries from more sophisticated investors. The COVID-19 pandemic has accelerated the speed of electronification across all asset classes in an unprecedented trading environment in March 2020, characterized by high transaction volume and price volatility—combined forces that have further driven demand for more TCA usage. This Impact Report explores key findings based on buy-side users’ feedback on TCA vendors and discusses how technology is evolving to address new market needs and challenges. It is based on Aite Group’s survey of client references provided by the vendors that participated in the February 2021 Aite Matrix evaluation on multi-asset class TCA providers. Follow-up interviews with the clients provide more context as to what influenced the clients’ satisfaction ratings. This 28-page Impact Report contains 17 figures and two tables. Clients of Aite Group’s Institutional Securities & Investments service can download this report, the corresponding charts, and the Executive Impact Deck. This report mentions Abel Noser Solutions, Amazon, BestX Ltd (State Street), Bloomberg L.P., GTA Babelfish, IHS Markit, ISS LiquidMetrix, and Virtu Financial.
TabbFORUM is an open community that provides a platform for capital markets professionals to share their ideas and thought leadership with their peers. The views and opinions expressed are solely those of the author(s). They do not necessarily reflect the opinions of TABB Group, its analysts, TabbFORUM and its editors, or their employees, affiliates and partners.


Add a Comment