ExeQution Analytics is born to offer insights for buy- and sell-side

Rick Steves

“Every firm is unique in their flow, their strategies and what’s important to them, and off-the-shelf analytics simply can’t explain the underlying drivers of performance. Firms are paying so much for data, and it’s imperative to fully capitalise on that investment with efficient and effective analytics.”

The financial industry’s quest for actionable insights just got a powerful boost with the official launch of ExeQution Analytics this month.

The specialist trading analytics company aims to bridge the gap in the analytics market by delivering tailored solutions to both buy- and sell-side firms.

In a rapidly evolving landscape where data-driven decisions are paramount, ExeQution Analytics offers a lifeline to market participants seeking to gain a competitive edge.

“80% of trading costs are implicit”

Cat Turley, Chief Executive Officer at ExeQution Analytics, said: “Every firm is unique in their flow, their strategies and what’s important to them, and off-the-shelf analytics simply can’t explain the underlying drivers of performance. Firms are paying so much for data, and it’s imperative to fully capitalise on that investment with efficient and effective analytics.

“The volume of data and complexity of trading has grown exponentially in the past ten years, yet innovation in trading analytics has not kept pace. As trading shifts towards more dynamic, learning-based models, understanding and measuring the incremental value of trader decisions, strategy behaviour and model outputs becomes increasingly critical.

“80% of trading costs are implicit and these costs can be dramatically reduced by proper analysis and understanding of trading patterns.”

Benefits for Buy- and Sell-Side firms

For buy-side firms, ExeQution Analytics promises reduced implicit costs and an enhanced ability to evaluate both brokers and algorithm wheels.

This empowers them to make more strategic choices that align with their unique needs and objectives. On the sell side, customized analytics offer valuable insights to understand and enhance trading strategies, ultimately delivering improved performance to customers.

Foundation clients of ExeQution Analytics already include a sovereign wealth fund and a Hong Kong trading bank, testifying to the significance of tailored analytics in today’s trading landscape.

ExeQution Analytics, with offices in Sydney and Hong Kong, integrates its ExeQution Analytics Framework with client data to craft bespoke analytics, visualizations, and reports. These tools offer a holistic view of trading performance, accessible in both real-time and historical contexts.

“Companies that invest in their own data capabilities are far likelier to outperform”

The Head of Strategy, Rob Hodgkinson, predicts that understanding proprietary data will become even more vital as the data universe continues to expand.

“I’ve been working in capital markets since 1979, focussed on tick data, trading platforms and analytics, and what I’ve seen consistently over that time is that companies that invest in their own data capabilities are far likelier to outperform. These types of analytics systems are complex and slow to build internally, and resources are constantly in demand to meet day-to-day requirements. Cat and her team speak IT, quant and trading and can build in weeks what would take an internal team a year or more, and importantly, ensure all the teams inside that firm can use it pragmatically to optimise outcomes and reduce costs.”

The ExeQution Analytics Framework seamlessly integrates with existing tick capture systems and aligns with current technology stacks. The team excels in rapidly developing and deploying customized analytics and visualizations across various operating systems, including Windows, Mac, and Linux.

Their toolkit comprises kdb+/q, C/C++, Python, R, Java, and Javascript. The Framework can interface with execution and market data feeds, among other sources. ExeQution Analytics has already deployed tailored solutions across all exchange-traded asset classes for clients in prop trading, asset management, and broking.

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