About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

The Race Is On – Catch Up with Corvil’s Next-Generation Trade Execution Analytics at TradingTech Summit

Subscribe to our newsletter

Trade execution analytics are taking a leap forward with the application of machine learning and artificial intelligence (AI) to machine-time data. Ultimate results could include the ability to understand, evidentially, the relationship between trading systems performance and trade outcomes.

Corvil has been working for about two years to develop machine learning algos that can identify which factors of a trading system are influencing outcomes, perhaps latency, the type of order, or symbol the system is trying to trade on, and predict favourable trade outcomes.

The company calls its technology Systems Alpha and will share information on its development and potential at next week’s A-Team Group TradingTech Summit in London during a keynote presentation by Corvil CEO Donal Byrne.

Byrne notes growing interest in the technology, which is in pre-production and due to come to market this year. He says: “In the past, understanding the relationship between trading systems performance and trade outcomes has been intuitive. Using machine learning, we can understand the relationship practically and see from evidence that better performing systems, technology and intelligence can deliver trade execution outcomes above market average.”

Large exchanges could offer transparency and insight that would make them preferred venues. Similarly, by providing better execution to buy-side firms, sell-side brokers using the technology could be selected increasingly by buy-side firms looking for execution transparency.

Byrne says early results from the Systems Alpha trade execution analytics are promising and suggests the application of machine learning and AI to machine-time data could spark another arms race in the search for competitive advantage.

If you want to be in the competition, register for A-Team’s TradingTech Summit to find out more about Corvil’s next generation trade execution analytics and how they could enhance your trading performance.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: New trends and technologies influencing post-trade digitalisation

While digital transformation of front-office functions at financial institutions is well underway, the back office is lagging, calling on firms to reassess and innovate post-trade processes. The need for change is highlighted by specific issues, including the move towards T+1 settlement and increasing regulatory scrutiny of post-trade processes, as well as broader challenges of legacy...

BLOG

Sustainable Trading Adds Seven New Firms to its Membership Network

Sustainable Trading, the non-profit organisation aiming to transform environmental, social and governance (ESG) practices in the financial markets trading sector, has added seven new firms from across the trading industry to its membership network. Joining the 41 firms already participating in the industry initiative are Barclays, Liquidnet, Mizuho International, Rand Merchant Bank, Schroders, State Street...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Trading Regulations Handbook 2022

Welcome to the third edition of A-Team Group’s Trading Regulations Handbook, a publication designed to help you gain a full understanding of regulations that have an impact on your trading operations, data and technology. The handbook provides details of each regulation and its requirements, as well as ‘at-a-glance’ summaries, regulatory timelines and compliance deadlines, and...