Financial technology solutions provider BondWave LLC has released an update to its fixed income platform, Effi, introducing expanded Trade Oversight and Transaction Quality Analysis (TQA) functions. The update increases the Trade Oversight module’s capabilities by adding 14 new configurable attributes, bringing the total to 23. These new attributes, which include Execution Yield, Base Price, and Minimum Denomination, allow firms to generate exceptions for internal review and tailor surveillance to their specific compliance policies.
Additionally, the update enables authorised users to view trade information directly from their trade files, searchable by security ID and date. The TQA solution has been improved to separate transaction costs and quality by the side of the market, offering compliance and trading teams more detailed data regarding execution performance.
The release also includes a new interactive tutorial for TQA metrics, improved visualisations to account for trades with unavailable transaction costs, and expanded right-click context menu functionality across the entire application. Finally, the system has been upgraded to .NET 10 to incorporate the latest performance and security improvements.
Subscribe to our newsletter
