Syndera Electronic Trading Intelligence
As fixed income trading accelerates into electronic channels and away from the voice marketplace, Sell-side banks are challenged to retain margin and reduce the risk of their trading activity-much less improve revenue. With Syndera they are able to increase revenue through insight gained from market and customer intelligence and reduce risk through proactive management of their electronic trading processes.;)
MARKET INTELLIGENCE
Market Intelligence provides a holistic view of electronic and voice trading platforms. It empowers traders with knowledge into what is happening in the broad trading marketplace, what is executing within the trading execution platform and provides visibility into trading profits and marketplace trends throughout the day. Market intelligence enables users to make more informed decisions that result in increased revenue based on the trading events they see in the active market. Example Real-time Metrics:- Euro/UST: Buy/Sell Volume and Count [Sector, ECN, Trader]
- Buy/Sell VWAP [Sector, ECN, Trader]
- Your price vs. market data feeds and futures market
CUSTOMER INTELLIGENCE
Sell-side firms that have superior customer intelligence understand where the "smart money" is moving and can leverage this information to improve revenue. Sell side banks are taking advantage of the behavior of their buy side clients and either trade with it or against it to fulfill their principal inventories. The Customer Intelligence offering allows users to slice and dice their customers by tier or segment. Customer Intelligence lets users to quickly see their counterparties' trading patterns and trade accordingly. Example Real-time Metrics:- Euro/UST: Buy/Sell Volume and Count [Customer, Tier, Segment]
- Volume Weighted Average Price [Customer Tier, Segment]
- Electronic vs Voice trading (to provide a 360 degree view)
TRADER INTELLIGENCE
Trader Intelligence allows users to view how traders are performing in real-time as well as to understand how their traders have been behaving in the marketplace over time. Understanding current as well as past trends enable users to identify opportunities for improved desk performance. Example Metrics:- Sector performance by trader over time (trending)
- Trader statistics over time (trending)
- Number of orders
- Performance ratios [Hit Ratios, Auto vs Manual Quotes]
OPERATIONS INTELLIGENCE
Operations Intelligence provides primary operations information so users can manage trade exposures, trading risk, and system latency within their environment to give them an understanding of how well the overall trading platform is performing. Example Real-time Metrics:- Trade Flow
- Latency
- Arbitrage
- Too many requests without an accepted order
- Buy and Sell from same client and instrument within a specified timeframe and a specific spread
LEARN MORE
Syndera Electronic Trading Intelligence for Fixed Income (PDF)
Syndera Electronic Trading Intelligence for Foreign Exchange (PDF)
eForex Product Spotlight: Improving Electronic Trading in FX (PDF)
TN&T: Syndera Offers Insight into FX, Fixed Income E-Trading Flows
