Partnership ensures pre and post trade best execution requirements are fulfilled
OTAS Technologies, a Liquidnet company and specialist provider of market analytics and trader intelligence and TS (formerly TradingScreen), the leader in electronic trading platforms, today announced that TS has integrated OTAS Analytics into TradeSmart, their multi-asset OEMS platform. TS clients will now have access to the latest real-time analytics and critical, actionable market intelligence from OTAS to fulfil their pre and post trade best execution requirements.
Operating in the cloud for nearly two decades, TS is a leading expert on SaaS trading technology. TradeSmart OEMS is the standard for workflow efficiency, offering seamless integration with the buy-side, connecting with markets globally and providing traders the access and information they need to optimize their trading performance. By integrating with OTAS, TradeSmart users can minimise total trading costs and respond quickly to live market events. It also serves as another best in class service to help fulfill regulatory obligations, like MiFID 2, in a transparent and seamless manner.
OTAS Trading Analytics provides real-time alerts, standard TCA metrics, a breakdown of market conditions and dynamic alerts allowing orders to adjust according to changing circumstances. The OTAS integration is the newest addition to the TS Partner Program, which was designed to expand TS client offerings and respond to the needs of the buy-side community.
“OTAS is dedicated to helping buy-side firms meet and prove their best execution requirements, improve trading productivity and efficiency and gain the best competitive advantage possible,” said Tom Doris, CEO of OTAS. “We’re excited to join the TS Partner Program and ensure TradeSmart users can reap the benefit of our sophisticated market analytics without any complicated upgrades or infrastructure changes.”
Chief Strategy Officer for TS, Varghese Thomas said “We are thrilled to include OTAS Analytics as the newest member of the TS Partner Program. This strategic network drives collaborative solutions for a simpler more straightforward workflow. The combination of our TradeSmart OEMS multi-asset platform with OTAS’ robust market data analytics equips TS clients with the insights and connectivity for an added advantage to their trading day."
OTAS Technologies, a Liquidnet company, provides next-generation market analytics and trader intelligence to the world’s leading banks and institutions. It uses artificial intelligence and big data analysis to alert clients to exceptions, in real-time and in plain English, allowing them to make faster, more informed trading decisions and ultimately more control over achieving best execution. Launched in 2011 and acquired by Liquidnet in 2017, OTAS Technologies has established itself as a market-leading analytics platform in today’s evolving institutional trading environment. Financial institutions currently access OTAS Apps and Alerts either directly or via one of its several OMS and EMS channel partners.
TS is the leading expert in SaaS-based technology for financial markets. We believe technology shouldn’t be something you work with – it should be something that works for you. Our technology improves market access, reduces connectivity costs, fully automates workflows and increases trading efficiency. TS delivers electronic trading, investment management solutions, and a global network to the financial marketplace – anytime, anywhere, to any asset class. We constantly update and improve our technology at no additional cost or interference to clients. Our low-latency, cost-effective platform is delivered and supported by our global teams in North America, Europe, and Asia. Our “Follow the Sun” support is designed to provide market access around the clock, on any market.