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.