June 2011
Ancerno Ranked #1 in Greenwich Market Pulse Survey
In a June 2011 Greenwich Market Pulse study Ancerno was rated by respondents as the #1 TCA provider in three of four customer satisfaction categories: 1) customizability/flexibility of TCA product; 2) ease of extracting TCA data; and 3) actionability of analysis. The other two rated providers were ITG and Bloomberg.
Methodology: On a scale of 1 to 5, 408 study participants were asked to rate TCA providers across four customer satisfaction categories: Customizability/flexibility of TCA product, Ease of extracting TCA data in the form you need it, Confidence in TCA data, and ,Actionability of analysis. Overall ranking is calculated as an average of those four individual totals. Inclusion in overall ranking calculation and in each item required a minimum of 10 respondents per firm.
Source: 2011 Greenwich Market Pulse - Transaction Cost Analysis
December 2010
Ancerno Announces Alliance with Linedata
Ancerno and Linedata have announced an alliance agreement to provide a turnkey TCA solution for Longview OMS customers.
Full Press Release
October 2010
Ancerno Announces Release of Trade-Zoom Web Version 1.2
Ancerno has recently released version 1.2 of its online TCA platform, Trade-Zoom Web to all clients. The release includes numerous functionality and performance improvements as well as the addition of several new features for its product suite which includes Trade Compass™ (pre-trade), Trade-Zoom™ (post-trade) and Manager Styles products.
September 2010
Ancerno Announces Distribution Alliance with MINC Financial
Ancerno has recently announced a distribution alliance with MINC Financial. MINC, a leading broker/dealer located in Australia, will offer the full suite of Ancerno TCA products and services, white-labeled under the MINC name, to customers located in the APAC region. The alliance will provide customers in the APAC region with specialized TCA service and support from local resources.
June 2010
Ancerno Enhances Trade-Zoom™ To Provide Superior TCA Capabilities
Ancerno announces completion of a strategic improvement project for its flagship post-trade TCA application.
Full press release
March 2010
Ancerno Launches Trade Compass™, Web-Based Pre-Trade TCA Application
Ancerno announces launch of Trade Compass pre-trade TCA tool as first phase of web migration strategy.
Full press release
February 2010
Now Available: Regional Composite Measurements for Europe
Ancerno has recently released a series of new measurements that enable customers to view their non-US equity trade cost results at the regional level. The new feature is aimed at customers trading in the European markets where fragmentation has necessitated new ways of viewing trading costs. Ancerno’s Trade-Zoom™ post-trade TCA product can now measure client orders against all available liquidity in a region including both traditional exchanges and MTF’s.
December 2009
Ancerno Announces European Composite Market Measures
In response to the market fragmentation in Europe and regulations such as MiFid, Ancerno has developed a group of cost measures that take advantage of Ancerno’s expanded venue data. The regional measures compare a client’s trade against all available liquidity in the currency for the symbol enabling clients to analyze venue choices for best execution. The enhancement furthers Ancerno’s commitment to improving venue analysis capabilities for its customers.
November 2009
Ancerno Introduces Premium Manager Style Reporting
Ancerno has developed a series of statistical diagnostics to assist the trading desk in implementing trades more efficiently for individual portfolio managers. Manager Style reports show a graphic depiction of how the desk intersects with the timing of manager decisions and highlight the patterns inherent in each manager’s investment style. By understanding manager timing, traders can identify an optimal trading strategy for each manager.
October 2009
SunGard Teams with Ancerno to Provide Integrated TCA Solution
Ancerno and SunGard have signed an agreement to provide an integrated, real-time Transaction Cost Analysis (TCA) solution through SunGard’s GLWin OMS. The agreement gives GLWin users direct access to Ancerno’s powerful TCA measurement for global equities.
September 2009
Ancerno Announces Alliance with Fidessa LatentZero
Ancerno and Fidessa LatentZero have announced an alliance agreement to provide a turnkey TCA solution for Minerva OEMS customers.
Full press release
July 2009
Ancerno Expands Upon Venue Analysis Capabilities With Coverage of European MTFs
Ancerno has begun coverage of European large cap securities in every venue where these securities trade including traditional venues and Multilateral Trading Facilities (MTFs) such as Chi-X, Turquoise, Neuro and others. The expanded coverage supports venue analysis features within Ancerno’s product suite.
June 2009
Ancerno Announces Alliance With Advent Software
Ancerno and Advent Software have announced an alliance agreement to provide a turnkey TCA solution for Advent Moxy® OMS customers.
Full press release
October 2008
Ancerno Adds Venue Analysis TCA Capabilities
Ancerno has released venue analysis capabilities to Trade-Zoom™, allowing users to view trading costs numerically and graphically at the venue level.
August 2008
Now available–Ancerno White Paper: "Global Brokers' Trading Performance"
Ancerno publishes the White Paper, "Global Brokers' Trading Performance", expanding upon the 2008 Bloomberg News article "World's Best Brokers" published in August, 2008 in Bloomberg Magazine, featuring the top 10 brokers globally and top 5 by region. The White Paper investigates how traders minimize "hidden costs" associated with trading and provides placement strike and IVWAP results for the top 35 brokers for the following regions: World, North America, Europe and Asia. Additionally, "difficult" trade results (or those orders where traders experienced increased momentums when executing their trades) are provided for the top 35 brokers in each region.
All measurements and results come from our $7.5 trillion trade universe for the periods of Q2 FY2007 through Q1 FY2008. Please go to the Contact Us page for more information on how to purchase this White Paper.
August 2008
Bloomberg Magazine Partners Again With Ancerno for 2008 “The World’s Best Brokers” Article
Bloomberg Magazine has once again partnered with Ancerno for an August 2008 article, “The World’s Best Brokers” featured on the cover of the magazine. The article lists the top 10 brokers globally and top 5 by region for North America, Europe and Asia using Ancerno’s over $7.5 trillion of trade universe data. New for 2008 is the addition of the top 10 brokers globally and top 5 regionally of “difficult” trades (or those orders where traders experienced increased momentums when executing their trades). The 2007 article also appeared on the cover under the same name.
September 2007
Ancerno Teams With Pragma to Deliver Real-Time TCA Results Over the Web
Ancerno announces partnership with Weeden & Co.’s Pragma to deliver real-time Trade Cost Analysis (TCA) over the internet. Ancerno’s real time web-based product, Trade Pulse™, will be used at Weeden & Co. to provide Pragma clients with real-time performance tracking and trade cost analytic capabilities. Ancerno is a New York based TCA products and services provider. Pragma is algorithmic execution service for institutional traders, and has had a formal alliance with Weeden & Co. since 2007.
September 2007
Ancerno President, James Noser Interviewed on Bloomberg TV
President, James Noser, discusses TCA and the 2007 “World’s Best Brokers” article on Bloomberg TV.