ConvergEx Group Launches TCA Framework for the Eze OMS™
Barclays Capital's Portfolio WebBench® first to integrate
11 Apr, 2011, 09:30 ET
NEW YORK, April 11, 2011 /PRNewswire/ -- ConvergEx Group, a leading technology company, today announced that its award-winning order management system, the Eze OMS, has released a new TCA Framework, a flexible and vendor-neutral software architecture that offers advanced transaction cost analysis (TCA) tools from leading providers. Barclays Capital is the first to integrate its toolkit, Portfolio WebBench.
Portfolio WebBench offers pre-trade and post-trade analytics for equities, ETFs, currencies, equity index futures and convertible bonds. It features over 60 reports to provide insight at every stage of the investment process, from portfolio construction to post-trade analysis.
"With a growing need for order transparency and best execution analysis, our clients are adopting more TCA tools into their workflows. The release of the Framework was in response to that increasing demand," said Jeff Gavin, director of global product management for ConvergEx's Eze Castle Software. "The sophisticated solutions offered by Barclays Capital are some of the best in the industry and can help clients optimize their investment strategies and enhance their investment performance."
"Through this integration, Eze clients can quickly and conveniently access Portfolio WebBench to make critical decisions without the added burden of having to alternate between two systems," said Bill Bell, head of Americas Equities Electronic Trading Distribution at Barclays Capital.
Eze plans to continue to add more offerings to the framework throughout the year.
The award-winning Eze OMS leverages a real-time open architecture to streamline the investment cycle for all asset classes – from idea generation through settlement. The Eze OMS provides functionality to support portfolio management, compliance, trading and operations in a single platform.
About ConvergEx Group
ConvergEx Group is a leading technology company providing mission critical software and technology-enabled services to asset managers and financial intermediaries globally. Its products and services span the investment life cycle and center on the development, marketing and servicing of technology-based solutions that enable clients to achieve improved investment results through operational and workflow efficiencies, execution and analytical tools and highly personalized service. The firm serves more than 6,000 clients in over 100 global markets. Formed in 2006, the firm has over 1,200 employees in 22 locations throughout the U.S., Europe, Asia, Australia and Africa.
BNY ConvergEx Group, LLC is comprised of the following businesses: BNY ConvergEx Execution Solutions LLC (member NYSE/FINRA/SIPC), LiquidPoint, LLC (member CBOE/SIPC); Eze Castle Transaction Services LLC (member FINRA/SIPC); Westminster Research Associates LLC (member FINRA/SIPC); G-Trade Services LLC (member FINRA/SIPC); NorthPoint Trading Partners, LLC (member FINRA/SIPC); Eze Castle Software LLC, RealTick LLC and ConvergEx Research Solutions LLC, of which Jaywalk, Cogent Consulting and LDB are divisions. Additional information is available at www.convergex.com.
Contact: Elizabeth Anderson
SOURCE ConvergEx Group
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