CFH Clearing says it has enhanced its data analytics offering to provide clients with better data on liquidity management.
The tools, which were developed in-house, pave the way for what CFH says will be a real-time interactive liquidity dashboard planned for launch in 2020.
“The data we collect from each broker and LP enables us to create meaningful data-driven liquidity reports and a clear overall picture about [customers’] flow,” says Andy Biggs, head of liquidity at CFH Clearing. “We are now providing clients with this information in order to have more meaningful, transparent data-driven discussions with them, such as how we can improve their flow type or whether to segregate certain types of flow, ultimately with the aim of improving their pricing and execution. The data we provide to clients supports the business case for making certain decisions.
“We have had very positive feedback from trials we have completed with a number of clients, with liquidity managers, CEOs and heads of dealing all seeing the benefits from having access to the level of data we are able to provide,” he continues. “CFH wants to promote an open dialogue with clients. We believe increased transparency in liquidity management is key to improving industry standards.”