TradingScreen integrates GSCS analysis and consulting services

First Published 18th February 2010

TradingScreen acquires GSCS post-trade transaction cost analysis and consulting services

Philippe Buhannic, CEO, TradingScreen: "This acquisition is indicative of our ambition in the analytics space and our determination to find new ways to work with our clients to improve the productivity and effectiveness of their trading irrespective of geography or asset class."

TradingScreen, the EMS provider of trading systems to the Buy Side, has announced the acquisition of the post-trade transaction cost analysis and consulting services of GSCS Information Services Ltd.

Post-trade transaction cost analysis is the first component of a new range of proprietary analytical services that TradingScreen will offer to traders over the coming months. These services will all be fully integrated in the TradingScreen infrastructure, widely available and deployed using TradingScreen's Software As A Service(SAAS). These services are available to clients of TradingScreen but can also be used by any other EMS/OMS user as a complement through a choice of interfaces.

TradingScreen has also announced the appointment of Robert Kay, Director of GSCS as Head of its Analytics department to lead the development and marketing of Trading Analytics, Risk and Reporting solutions to the Buy Side and Sell Side Communities. Robert will continue as Managing Director of GSCS Information Services ("GSCS").

"Our clients' focus is on independent, broker neutral, multi-asset class services delivered in real-time. Future developments of our analytics services will raise the bar of what the market had available in the past by intelligently combining real time tool, a unique peer group and in depth reporting analysis. We will be constantly adding new functionality, as well as enhancing the user experience of traditional TCA and also bringing some breakthrough analytical concepts to the industry with a complete focus on trading," commented Philippe Buhannic CEO. "This acquisition is indicative of our ambition in the analytics space and our determination to find new ways to work with our clients to improve the productivity and effectiveness of their trading irrespective of geography or asset class".

"As part of TradingScreen GSCS will be able to offer its clients more sophisticated services, comparison with a broader universe of global transactions, faster and more robust technological development and global consulting support," commented Robert Kay. "Importantly, within TradingScreen, GSCS will continue to be able to offer clients truly independent analysis of their different brokers and a unique perspective based on decades of personal experience in transaction cost analysis."

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