Fees and Expense Management Interview Series Part II: Focusing on TCA
In part two of this three-part series, Victor Anderson chats to SmartStream's Bharat Malesha about transaction-cost analysis and the challenges facing capital markets firms when calculating the various costs of doing business.
In this video clip, we discuss what transaction-cost analysis entails – especially those unforeseen, downstream costs once an order is executed – and how capital markets firms can manage these costs in the interest of best execution.
We also address the following questions:
- Why has transaction-cost analysis become such a hot topic in recent years?
- Typically which processes or functions fall under this umbrella term?
- How would you describe the maturity level of institutions in managing their transaction costs?
- Where do most firms struggle when it comes to managing their transactional costs efficiently and transparently?
- What are the key business benefits to efficiently managing transaction costs? Can those benefits be passed on to end-investors?
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