London, UK, March 24, 2023 – FlexTrade Systems (@FlexTrade), a global leader in multi-asset order and execution management systems, today announced that its machine learning-derived real-time market impact analytics solution has won “Most Innovative Alternative Data solution for Trading & Analytics ” in A-Team Group’s Innovation Awards 2023.
A-Team Group’s Innovation Awards, now in their third year, celebrate innovative projects and teams across vendor and practitioner communities that use new and emerging technologies to deliver high-value solutions for financial institutions in capital markets.
Vikas Kedia, Managing Director, Strategic Initiatives & Emerging Solutions at FlexTrade, commented: “We are delighted to have received recognition in this year’s Innovation Awards. As a global technology partner, we are committed to working collaboratively with our clients to bring cutting-edge solutions to the market using the latest, innovative technologies. Our machine learning-derived real-time market impact analytics solution is a tangible example of this commitment – a unique market offering which our teams and data scientists have developed and refined with input from our clients.
The result is an innovative solution which delivers actionable insights unique to FlexTrade, to help traders to adjust their execution strategies and improve overall trading performance.”
Angela Wilbraham, CEO at A-Team Group and host of A-Team Innovation Awards 2023, commented: “Many congratulations to FlexTrade in winning the “Most Innovative Alternative Data Solution for Trading & Analytics” award in the A-Team Innovation Awards 2023. The awards recognize and reward companies that deliver high levels of innovation to financial institutions in capital markets. FlexTrade should be deservedly proud of their incredible achievement in a closely fought and highly competitive contest.”
About FlexTrade’s Machine Learning Market Impact Analytics
FlexTrade’s machine-learning-driven real-time market impact analytics are generated by applying a proprietary neural network model to a large corpus of order data to help investment managers understand the performance of their execution strategies. The solution allows traders to see an estimate of their current and realized market impact in real-time, meaning strategies can be monitored and adjusted automatically based on market conditions.
Traders using the solution can also leverage data visualization to understand how the market impact has changed over the life of the order, including any increases or decreases as more volume is traded or when an order is finished or paused. Further, the innovative offering, deeply integrated directly within the FlexTRADER EMS order blotter, can be viewed holistically alongside third-party analytics to deliver increased transparency, improved trading decision-making and assist with best execution obligations.
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