Increased Transparency
- Recent events have pressured institutional investors to analyze venue and routing information
- Pressure is being applied at the board level
Consistent and Cooperative Analysis
- Babelfish Analytics Is building out a business to help investors and brokers analyze venue and routing effectiveness
- Babelfish Analytics will develop a common set definitions, standards, and analytics that will be applied to all brokers and investors transparently
- This consistent set of definitions, specifications, and analytics will result in streamlining data requests and fulfillment as well as creating a methodology to interpret execution and routing information accurately
Enhanced Relationships
- Tighter buy-side/sell-side discussions and partnerships to enhance message routing and venue placement
- Perform experimentation execution strategies with supplemental liquidity
- Provide greater insight around routing and execution cost trade-offs aiding broker/client value discussions
Standardized Output
- Organize calls between members to discuss topics, methodologies, and process changes
- Broker partners will receive the same studies as investors
Streamlined Workflow
- Requests for data are inconsistent in definition, format and completeness
- Inconsistency forces the re-request of information in different format or inaccurate analysis
- These requests are taxing to brokers’ sales, trading, and technology groups
