UAT Launches Web-based Recapture System

tom-warren-president
Tom Warren, president, UAT

Denver-based UAT Inc. has launched a new algorithm, dubbed iPerX, designed to help fund managers automate their trading systems while improving recapture rates and lowering commission costs. UAT president Tom Warren tells Buy-Side Technology that a "mid-sized variable annuity firm” is beta-testing the system.

 

He says the one-year beta trial has yielded savings of more than 60 percent on commissions when the variable-annuity firm ran trades through the system. The firm also saw a price i

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