London, United Kingdom – [18 May 2021] – TradingHub, a market-leading trade data analytics provider to the financial services industry, today announced J.P. Morgan’s Securities Services will offer TradingHub’s Trading Analytics solutions, including their new Transaction Efficiency and Accuracy Monitor (TEAM) solution to its institutional clients through its open data and analytics platform. TEAM is a new tool that enables financial services firms to evaluate execution costs at the order, trade, instrument or asset class-level, and compare against peers on an anonymized and permissioned basis.
TradingHub is a global leader in trade data analytics, supporting many of the world’s largest investment banks and asset managers. Its asset manager clients manage over $20 trillion of assets across a broad spectrum of asset classes and investment strategies, representing approximately 20% of global funds under management.
TEAM’s innovative utilization of customer consortium data enables buy-side firms to monitor and lower their trading costs by identifying brokers providing best execution. The tool also offers sell-side institutions greater transparency into their market share and quality of execution versus that of their peers, supporting continuous improvement of service.
Analyzing published market data alongside its dataset of anonymized and permissioned client trades, TradingHub’s proprietary modelling determines accurate mid-prices intraday across asset classes and product types. The data also supports TEAM’s order routing tool which simulates order execution with different brokers over different time periods. TEAM is of particular importance to compliance teams, as it aids in the monitoring of execution quality across asset types and venues, and the identification of trading patterns associated with particular instruments.
Neil Walker, Chief Executive and Founder of TradingHub, said:
“We are delighted J.P. Morgan has identified TEAM as a highly novel and valuable product and is giving its clients access to our market leading trade execution analytics service. This important relationship with J.P. Morgan will give more asset managers access to our services in a seamless and efficient manner via its open platform.”
Richard Crozier, Head of Product for Data and Analytics at J.P. Morgan Securities Services, commented:
“Providing clients with access to unique services which help them manage transparency across the trade lifecycle is more important than ever. We’re excited to be working with TradingHub and offer TEAM as part of our growing platform.”
This announcement is part of J.P. Morgan’s commitment and strategy to address the needs of buy-side clients by providing integrated solutions across the investment lifecycle through an open platform.
Notes to Editors
TradingHub was established in 2010 to address the issues of misconduct revealed during the financial crisis. The business has grown strongly as regulators and financial institutions have improved their risk management tools. It is now a global market leader in trade surveillance and the monitoring of Portfolio Managers and trader behaviour, its clients include many of the world’s largest investment banks and asset managers.
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