Key Challenges

Best Execution technology that solves your biggest regulatory headaches

eflow’s Best Execution and TCA technology enables institutions to satisfy their regulatory obligations by automating your reporting, enriching trade data with market information curated from over 250 sources, and generating highly detailed TCA reports supported by advanced execution analysis.

Not only that, but the system will also uncover commercial insights by analysing performance data and  highlighting how your trading strategy can be executed more effectively.

Regulator-ready
reporting

Streamline your reporting processes for Best Execution legislation including MiFID II, SEC 606 and FINRA Rule 5310, supported by automated exception reporting.

Asset class agnostic 

Ingest and test all major instrument types and asset classes against a range of industry benchmarks including VWAP, Time, Venue, Implementation Shortfall/Slippage, and Best Bid/Ask.

Uncover commercial insights

Explore detailed analytics to provide actionable insights and understand how changes to your trading strategy could enhance performance.

Configurable, streamlined processes

Improve operational efficiency by managing all your Best Execution obligations through one centralised monitoring system.

Demonstrate tangible client value

Generate data-rich insights that demonstrate the value of your trading strategy to investors quickly and clearly.

Dedicated support from industry experts

Enjoy the peace of mind that comes with direct access to eflow's team of onboarding specialists, customer success managers and technical experts.

Your PATH to smarter compliance starts here.

Book an interactive demo to see how we can help you to manage your regulatory challenges in a more robust, streamlined and efficient way.

Getting you onboard

We guarantee a painless migration from your current trade surveillance system

Many firms feel trapped with their legacy best execution system due to the time, effort and resources associated with switching vendors. eflow’s painless migration guarantee combines slick, automated processes with your own dedicated onboarding specialist to ensure that your eflow system is up and running within 90 days. This means quicker return on your investment, greater operational efficiency, and peace of mind that your trade surveillance controls are regulator ready.

best execution & tca reporting

Your PATH to fully automated Best Execution and TCA reporting starts here.

A single source of truth

Automate and streamline all aspects of your best execution testing and transaction cost analysis strategy through a single platform that delivers a comprehensive view of execution data.

Asset class agnostic

Ingest, test and generate alerts for all major asset classes.

Uncover rich insights

Generate data-led intelligence that highlights how your trading strategy could be executed more effectively.

Regulator-ready reporting  

Run best execution tests against a range of benchmarks including VWAP, Time, Venue, Implementation Shortfall/Slippage, and Best Bid/Ask.

Automatic data archiving

Archive and index trade data in compliance with Best Execution legislation such as MiFID II, FINRA Rule 5310 and MAS Best Execution rules.

Dedicated support from industry experts

Enjoy the peace of mind that comes with direct access to eflow's team of onboarding specialists, customer success managers and technical experts.

FEATURE PACKED

Best Execution software powered by PATH AI

A firm’s ability to demonstrate that it’s acting in the best interests of clients is a core responsibility of any compliance team. eflow’s Best Execution and TCA technology ingests, tests and reports on all major instrument types and asset classes, while using advanced capabilities to leverage AI and automatically run industry benchmarking tests including VWAP, Time, Venue, Implementation Shortfall/Slippage, and Best Bid/Ask.

The platform features highly configurable parameters that can be customised and tested to mirror your trading strategy, automatically account for variables, and reduce false positives. Your chosen reports can also be set based on a number of reference and market data metrics such as volatility and instrument liquidity. Should a trade deviate from expected parameters, it will be flagged for further analysis, enabling the production of detailed TCA reports that highlight areas requiring attention.

efficiency

Automate your Best Execution obligations quickly and efficiently

  • Reduce the risk of human error and create more robust regulatory governance through workflow automation
  • Access a regulatory framework for best execution and TCA that scales with your firm
accuracy

Generate ‘regulator-ready’ reports directly from your platform

  • Improve the operational efficiency of your reporting by generating RTS reports in just a few clicks
  • Satisfy all SEC 606 reporting requirements with confidence and accuracy
insights

Uncover commercial insights to enhance your trading strategy

  • Understand how your compliance team is interacting with the system and view full internal audit trails
  • Use commercial data as a marketing tool to demonstrate trading performance to clients