New York and San Francisco - OneMarketData, creators of OneTick, the solution for event stream processing and tick data management, have announced that Algert Global, a San Francisco-based systematic investment manager, has partnered with OneMarketData as an early adopter of OneTick Best Ex, a TCA solution for asset managers.
Algert Global will use OneTick Best Ex for post-trade analysis to meet its fiduciary best execution responsibilities though transactions cost control, optimized execution channel selection and broker accountability.
OneTick Best Ex includes an interactive dashboard that will allow Algert Global to review its trading activity history at several levels in the portfolio management cycle ranging from baskets to broker placements to individual fills. The dashboard will support outlier analysis, rule-based filtering, flexible aggregations, forward and backward mark-outs, what-if scenario analysis, charting and report generation.
Dermot Harriss, SVP of Regulatory Solutions at OneMarketData said: "We believe that Algert Global is in the vanguard of smart asset managers who are demanding more broker accountability and are taking a hands-on approach to transactions cost management."