Accessible through Barclays’ institutional client pool Barclays live, SPECS will allow clients to view, confirm or request changes to their online profile. It will also inform users of notifications, product announcements and alerts on any changes to their settings.
The financial services provider also plans to develop the portal further with educational videos and an FAQ section.
Eric Schlanger, head of equities Americas said “SPECS provides our clients with a consolidated overview of their order handling settings, across our business, and helps to create clearer accountability in the management of our clients’ orders.
“The concept behind SPECS is surprisingly simple. But we believe the visibility and resulting control clients will have sets a new standard for transparency in the industry.”
Managing director of Electronic Equities and Credit Products Joe Mecane also spoke of the portal’s benefits.
“Our goal for SPECS is that it becomes a one-stop destination for the most up-to-date information on Barclays’ equities execution platform, across all our product lines.
“The portal helps to simplify our clients’ work flow and gives clients increased transparency into their order handling.”