Agency broker and trading technology provider ITG has extended its range of research and analytics tools for portfolio managers, including proprietary portfolio capacity analysis and interactive dashboards for its transaction cost analysis product.
The portfolio capacity analysis tool leverages ITG’s Agency Cost Estimator (ACE) model to help the buy-side examine the impact of transaction costs on expected fund returns.
“Our research demonstrates clearly that incorporating transaction costs into the portfolio construction process can enable higher turnover, increased fund capacity, and, ultimately, improved returns,” said Ian Domowitz, head of analytical products and research, ITG.
Using the post-trade version of ACE, ITG has added interactive dashboards to its post-trade transaction cost analysis solution ITG TCA. As well as being able to incorporate trade-day market variables, the interactive dashboards are designed to give users a graphical presentation of performance metrics.
“The interactive dashboards represent ITG’s continuing investment in post-trade analytics and another element of next-generation TCA enhancements,” said Jon Fatica, managing director in ITG’s analytical products and research group.
“We expect that these dashboards will become our standard reporting framework.”