Schroders trading teams integrate Propellant analytics into Virtu EMS

Schroders’ trading teams are leveraging Propellant’s analytics technology and Virtu Financial’s global multi-asset infrastructure.

Schroders’ trading teams have integrated analytics offerings from Propellant via Virtu in a bid to further enhance their trading strategies. 

Gregg Dalley

Specifically, Schroders is leveraging Propellant’s fixed-income transparency data through Virtu’s global multi-asset execution management system (EMS), Triton Valor. 

Gregg Dalley, global head of multi-asset trading at Schroders, said: “We are excited to collaborate with Propellant and Virtu on this project and believe this will strengthen our fixed income trading capability. Our clients will benefit from our traders having access to state-of-the-art market data at their fingertips, centralised within the Virtu Triton EMS for maximum efficiency.

“Clicks-per-trade will be reduced, and traders will more easily be able to assess the landscape of a given ISIN, shaping trading outcomes and PM interaction.”

The implementation will provide Schroders’s fixed-income trading teams with a comprehensive trade dataset, with the desks now able to access pre-trade data including real-time market activity, historical trade prices, and aggregated trade volumes. 

The move is also set to enable Schroders to better prepare for the incoming EU and UK transparency regimes this year, said the firm, thanks to the enhanced market visibility afforded to them.

Going via Virtu ensures that the enhanced capabilities are all accessible via users’ existing fixed-income trading blotter. 

“The potential of the insights derived from Mifid data is significant and we are transforming these insights to help our clients improve their processes, enhance decision-making, and drive better execution,” said Charlie Gibson, head of sales at Propellant Digital.

“Our collaboration with industry leaders like Schroders and Virtu presents an exciting opportunity to further explore these possibilities. Together, we ensure clients remain at the forefront of change in the fixed income market, leveraging greater transactional data availability and advanced analytics to deliver exceptional value and service to their clients.”

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