New Change FX’s regulated benchmarks and other data products are now available on the Lucera Connect network, allowing for rapid provisioning to existing Lucera Connect clients and workflow integration to LumeFX deployments.
“We are seeing increasing demand for our regulated FX data to enable live performance checking of price formation for both makers and takers,” says Andy Woolmer, CEO New Change FX. “This service enables price providers to deliver real-time transparency through benchmarked execution to asset managers and asset owners and facilitates ‘In flight’ execution analytics. We are delighted to be partnering with Lucera, who have built a large and diverse network of FX market participants and venues. They share our vision of real-time data analytics.”
Frank van Zegveld, managing director sales and business development at Lucera, adds,” As the industry becomes increasingly electronic and data driven, real-time connectivity to data products like those offered by NCFX is key to building and maintaining a successful FX business. From ensuring quality and efficiency of execution to fulfilling regulatory demands this data is invaluable. Andy and his team have an innovative product development pipeline and an expanding set of use cases for all market participants. We are delighted to welcome NCFX to our extensive FX community and look forward to working together to provide best in breed connectivity and data solutions.”