The Boston Company Asset Management LLC. (TBC), a subsidiary of Bank of New York Mellon Investment Management, has selected Portware Enterprise to support its global equities and FX trading.
Through an integration with Portware’s Alpha Vision, TBC can monitor real-time market conditions to maximise execution performance, increase trading efficiency through cutting edge visualisations and better manage broker commissions.
Portware was selected as The Boston Company’s multi-asset trading solution after a competitive evaluation for its industry-leading trade analytics, advanced transaction cost analysis (TCA) and adaptability to address TBC’s complex and unique workflows. TBC specialises in traditional and alternative strategies that require efficient trade execution to maximise alpha capture. Portware and TBC together developed a highly-customised platform that integrates real-time alpha measurement tools and PM profiling for optimal trade execution. Integration with Portware Alpha Vision allows TBC to use advanced predictive analytics to monitor more than 40 factors in real time to provide intelligent decision support and determine the optimal strategy for any given order.
“Trading volumes and strategies have shifted significantly since the financial crisis, placing new demands on our traders,” says David Brooks, Head of Global Equity Trading at The Boston Company Asset Management. “We need top-of-the-line execution and analysis tools to increase transparency and execution quality and to better serve our clients. Portware empowers us to dynamically analyse, adjust and align our investment strategies with real-time market conditions, helping us improve overall execution quality and alpha capture opportunities.”
“In today’s complex global trading environment, asset managers need platforms that can accommodate and deliver intelligent analytics to drive more informed business decisions in a consistent manner,” says Alfred Eskandar (pictured), CEO of Portware. “We’re proud to add The Boston Company to the growing list of clients who have embraced our thinking EMS for its ability to address the most complex, multi-asset workflows through a future-proof system.”
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