San Francisco-based systematic investment manager Algert Global has selected the OneTick Best Execution transaction cost analysis (TCA) system from event stream processing and tick data management vendor OneMarketData.
Algert Global will use OneTick Best Ex for post-trade analysis in order to monitor, understand and reduce the market impact associated with active portfolio management, as well as meeting fiduciary best execution responsibilities that have been expanded under the impending Mifid II regulation. The OneTick system leverages data from OneTick Cloud, OneMarketData's solution for on-demand access to global tick data, reference data, corporate action adjustments and hosted analytics.
"We are committed to implementing our investment philosophy through a rigorous and systematic process, treating implementation with the same robustness as our stock selection process," said Jorge Murillo, partner and portfolio manager at Algert Global. "We believe that OneTick Best Ex will help us get the most return from our investment ideas by quantifying performance drags such as information leakage and trading impact."
While at Sibos Toronto, James shares some interviews covering topics on blockchain, fintechs and cybersecurity.Subscribe to Weekly Wrap emails