BST Awards 2020: Best buy-Side TCA tool: Dash Financial Technologies

By Jen Fagenson

December 14, 2020

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As of last year, a Greenwich Associates study found that 88% of buy-side equities traders were using transaction-cost analysis compared to 68% of traders in foreign exchange and 38% in fixed-income desks. At the time, the firm predicted that TCA would become more important and ingrained in the trading process. As TCA becomes a larger focus area firms, perhaps that’s why Dash Financial is this year’s provider for best TCA tool, ending a three-year streak held by Tradeweb Markets.

“Transparency has always been a challenge for the industry. There is a tremendous amount of new data being captured, therefore it’s critical that our clients have the analytics, reporting and visualization tools that allow them to cut through the noise by presenting clear, concise and actionable intelligence,” says Eugene Kearns, Dash managing director.

Full article here