Order Lifecycle Visibility to Improve Execution and Reduce Risk
Fixed Income markets are now more complex and competitive than ever. Old school voice trading is giving way to more automated price generation, price discovery and trade execution processes.
Those who have mastered the ability to extract meaningful insight from their trading flows will continue to outperform relative those who lack transparency into their pre-trade and trade lifecycle. However, this requires a deep understanding of an asset class market’s micro-structure, the trading business’s objectives and desk’s technical architecture.
Corvil Analytics for Fixed Income provides this insight to price makers and to price takers, enabling them improve their customer, trading, and technology performance.
Used by the world’s top banks, trading firms, and venues, Corvil is the platform of choice for trading and technology teams looking to gain an edge in this competitive environment.
With electronification and market-making renaissances underway across bond markets, firms that effectively leverage technology to gain insight from trade flows and optimize their system performance will gain better access to liquidity and will be appropriately positioned to satisfy future regulatory transparency requirements.
Anthony J. Perrotta, CEO and Head of Fixed Income Research, TABB Group
Obscured Visibility in Fragmented, Accelerating Markets
Price makers and price takers alike often don’t have complete and unbiased information to help them assess their trading performance as it relates to network performance, counterparty/liquidity venue behavior and pricing/execution algo efficiency.
Without adequate visibility into the order lifecycle, business performance can suffer along several dimensions:
As Fixed Income markets continue to evolve rapidly, a platform arms race is emerging and access to real-time order, execution, and performance information across parties has become an imperative.
A recent survey of our banking and financial markets customers found that 65% respondents use Corvil to investigate client execution quality issues and respond to inquiries faster - up from 37% in 2013.
Corvil empowers price makers and price takers with a correlated view into trading activity with counterparties, trader and client experience, and underlying technology performance to improve execution and reduce risk. Corvil delivers real-time visibility into the details and lifecycle of every order and transaction to enable optimization of business performance through better servicing of clients, trade strategy adjustment, and technology optimization.
Corvil provides the transparency and critical information that many EOMS and trading systems lack in terms of quoting, pricing data completeness and currency, and network and application insight and responsiveness. By providing an independent, integrated view of network and application performance, client behavior, and pricing and quoting efficiency, Corvil enables businesses to quickly identify, diagnose, and action performance challenges to avoid losses and optimize risk/reward trade-offs.
Corvil enables customers to:
Corvil’s Fixed Income Analytics provide the transparency and real-time insight to better enable participants to compete in an increasingly sophisticated ecosystem. Further, Corvil arms participants with the capabilities they are likely to require as the Fixed Income markets continue to evolve.