Arnhem Investment Management Selects Markit TCA
August 29 2016 - 8:30PM
Business Wire
IHS Markit (Nasdaq: INFO), a world leader in critical
information, analytics and solutions, today announced that Arnhem
Investment Management has selected Markit Transaction Cost Analysis
(Markit TCA), delivered via IRESS.
Clients of Arnhem and IRESS now benefit from enhanced pre-trade
data and in depth post-trade analysis that help them better
understand trading costs and demonstrate best execution. Arnhem
joins a growing community of Australian buyside firms using the
independent, broker-neutral, multi-asset Markit TCA.
Michael Aldridge, global head of Trading Services at IHS Markit,
said, “By working with localised, best of breed execution systems
like IRESS, we’re able to help customers manage performance-based
order routing and optimal trade strategy selection by delivering
forecasts of estimated market impact, trade risk, peer comparison
data and other metrics. We look forward to adding value to more
clients in Australia in the coming months.”
Simon Twiss, Partner, Dealer at Arnhem Investment Management,
said, “The Markit TCA service, delivered through IRESS, provides
Arnhem with cutting edge analytics across the life cycle of an
order, enabling in depth execution, algorithmic, venue and smart
order router evaluation. This, in combination with an impressive
suite of post-trade reporting, allows us to refine our execution
process and work with our counterparties to ensure any changes in
market microstructure are identified quickly. We believe a
broker-neutral, independent product like Markit TCA gives us the
tools to give our clients financial peace of mind.”
Kirsty Gross, IRESS managing director, financial markets,
Australia and New Zealand, said, “IRESS is very pleased to be
collaborating with Markit to provide IRESS clients with additional
trading efficiencies. The integration between Markit and IRESS is
allowing clients such as Arnhem Investment Management to have full
access to Markit’s capabilities with a minimal amount of technology
effort.”
Markit TCA is an independent, global, multi-asset platform that
offers execution, algorithmic trading, venue and routing analytics.
Its unique calculation methodology breaks down trading costs
resulting from the client’s actual decision process versus the
trading costs created by other participants. The product provides
actionable insights to brokers and asset managers to enhance and
synchronise execution quality management, compliance and management
reporting capabilities.
About IHS Markit
(www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical
information, analytics and solutions for the major industries and
markets that drive economies worldwide. The company delivers
next-generation information, analytics and solutions to customers
in business, finance and government, improving their operational
efficiency and providing deep insights that lead to well-informed,
confident decisions. IHS Markit has more than 50,000 key business
and government customers, including 85 percent of the Fortune
Global 500 and the world’s leading financial institutions.
Headquartered in London, IHS Markit is committed to sustainable,
profitable growth.
IHS Markit is a registered trademark of IHS Markit Ltd and its
affiliates. All other company and product names may be trademarks
of their respective owners. Copyright © 2016 IHS Markit Ltd. All
rights reserved.
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IHS Markit Ltd.Jerrine Chia, +65 6922
4239jerrine.chia@ihsmarkit.com
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