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

TickSmith Releases Transaction Cost Analysis (TCA) Tool

Subscribe to our newsletter

Montreal-based TickSmith has made available its Transaction Cost Analysis (TCA) solution offering, providing clients with a library of industry standard transaction cost analytics. Deployed as a turnkey solution with all the flexibility of a custom application, TickSmith’s TCA offering can be calibrated to suit unique client requirements.

The TCA add-on to the TickSmith analytics platform is capable of producing best execution reports to fulfill MiFID II requirements. In describing the features of the TCA solution, TickSmith emphasizes the library’s customizability and its flexibility, also stating that the suite can support the back-end.

Francis Wenzel, TickSmith CEO says, “Our clients for this product are typically trading groups, financial institutions—trading on behalf of or for clients. They have trading desks and infrastructure, and they’re primarily on the buy-side, running some sort of infrastructure in-house. In addition to the TCA, they’ve ordered trade data, and they also do best execution reports for clients. With the TCA, they can ask if they got their money’s worth with a transaction, and that’s the optimal achievement for themselves or a client.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Re-architecting the trading platform for interoperability, resilience and profitability

Trading platforms have come a long way since the days of exchanging paper certificates and shouting across trading floors, pits and desks in the early 2000s, but there is progress still to be made as firms strive to reduce risk, increase profitability, and make their mark in digital assets trading. This webinar will review the...

BLOG

The Rise of Large Language Models in Financial Markets

When OpenAI introduced ChatGPT to the public in November 2022, giving users access to its large language model (LLM) through a simple human-like chatbot, it took the world by storm, reaching 100 million users within three months. By comparison, it took TikTok nine months and Instagram two and a half years to hit that milestone....

EVENT

RegTech Summit London

Now in its 8th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Institutional Digital Assets Handbook 2023

After initial hesitancy, interest in digital assets from institutional market participants has grown over the past three to four years. Early focus inevitably centred on the market opportunities presented by bitcoin and other cryptocurrencies. But this has evolved into a broad acceptance of a potentially meaningful role for digital assets in institutional markets. It’s now...