SmartTrade Technologies has launched a new cross-asset big data analytics solution.
The new solution, smartAnalytics, is designed to enable firms to achieve a greater control and transparency by leveraging smartTrade’s ability to store, analyse and visualise all the data flowing through their trading infrastructure.
David Vincent, CEO of smartTrade, says that there are two distinct reasons why market participants need these tools.
“The first reason is because new in regulations such as Mifid II regulators are asking for much more transparency into the trading process. So for compliance purposes, it’s important to have the reporting capabilities to provide data explaining the way that they traded.