TMX Insights today announced it has teamed up with IRESS (ASX:IRE), a supplier of technology for wealth management and financial markets, to develop compatibility between the IRESS products and the TMX Analytics Transaction Cost Analysis (TCA) application.
TMX Analytics TCA offers clients protected access to their trade and order history and enables them to review performance, routing and venue quality in intuitive, customizable formats. Other key features include support for MiFID II and analysis of interlisted trading data for equities also listed on international venues.
We are pleased to work with IRESS to provide our customers with a better user experience which will allow for seamless compatibility between the TMX Analytics TCA and IRESS products ,” said John Willock, Director, TMX Datalinx. “TMX Insights continues to work together with our clients and partners in pursuit of unique products and solutions designed to effectively inform trading strategies and create competitive advantages.
Ricardo DaCosta, VP of Market Structure and Solutions at IRESS added:
This collaboration between industry leading technologies benefits IRESS clients by further enriching the solutions available to analyze routing decisions and execution performance. We are delighted to partner with TMX Group on this initiative to maximize our customers’ ability to tackle evolving and increasingly complex challenges in today’s trading environment.