FX analytics supplier Tradefeedr and execution control machine FactSet Portware have built-in their choices to enlarge FX buying and selling information and analytics.
As a part of the deal, shoppers of FactSet will be capable of hook up with Tradefeedr’s analytics products and services by means of its Portware EMS.
“Our shoppers are increasingly more difficult complicated FX analytics, to tell their choices and support buying and selling results,” mentioned John Marchese, VP head of FX EMS gross sales at FactSet.
“Integrating Tradefeedr’s API into our EMS will tell pre-trade decision-making in regards to the execution of explicit trades, offering prime ranges of automation and data-driven suggestions in response to information.”
Shoppers will even be capable of get right of entry to a brand new pre-trade resolution making carrier which is able to allow asset managers and hedge price range the use of the Portware EMS to choose algo execution or request for marketplace, in addition to deciding on a liquidity supplier to make use of relying on necessities.
“This collaboration with FactSet routinely supplies shoppers with a cohesive and clear view of buying and selling information, enabling extra astute decision-making,” mentioned Balraj Bassi, leader government and co-founder of Tradefeedr.
“Our community of shoppers, LPs, venues and EMS companions continues to develop, that means that the Tradefeedr APIs are speedy changing into the brand new usual for buying and selling research, resolution toughen and buy-side to sell-side collaboration. This connection allows us to deliver new asset supervisor shoppers to the Tradefeedr community, which is able to make stronger marketplace transparency, and extra support FX analytics for the advantage of all members.”
FactSet isn’t the one EMS or execution platform to be constructed out to via Tradefeedr within the remaining one year.
In September remaining yr, the company showed a partnership with FlexTRADER EMS, aimed toward increasing FX pre-trade forecast information.
It additionally built-in with LSEG FX in February in a deal aimed toward increasing FX execution optionality via construction out to LSEG’s FX buying and selling ecosystem and FXall platform.
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