big xyt Reveals New Liquidity Analysis Tool for Buy-Side

<p>big xyt, a data
and analytics solutions provider to the financial industry, has partnered with
Baillie Gifford to unveil a Portfolio Liquidity Analysis solution. This tool,
designed for buy-side firms, facilitates an independent assessment of equity
portfolio liquidity using consistent market data.</p><p>big xyt and Baillie
Gifford Launch Portfolio Liquidity Analysis Tool</p><p>Investment
management involves a process where a dilution levy is applied as part of cash flow management in pooled vehicles. This strategy is crucial in ensuring
fair client treatment and reducing the impact of cashflow-related price
volatility. The new solution by big xyt, a component of its Open Transaction
Cost Analysis (TCA) for execution analysis, confronts the challenges <a href="https://www.financemagnates.com/terms/b/buy-side/">buy-side</a>
firms face, especially in obtaining and processing accurate data over time.</p><p>One of the
key functionalities of this solution is its capability to define what
constitutes addressable volumes, thus creating a more realistic basis for
dilution levy calculations. This approach helps to avoid unnecessary data
sharing with banks and brokers, which might lead to information leakage.</p><p>"It
addresses the major challenges faced by investment managers when managing
portfolio liquidity," said Mark Montgomery, the Head of Strategy and
Business Development at big xyt. He further emphasized the solution's efficiency in reducing
operational risks. </p><p>The tool is
designed to minimize trading impact on fund performance, allowing investment
managers to test scenarios under volatile conditions. The use of trading data
in calibrating market impact estimates enhances the accuracy of these models.</p><p>"Our
aim was to create a robust dilution adjustment and a threshold process for
large deals, that is in the best interests of our clients, with high regulatory
standards," Adam Conn, the Head of Trading at Baillie Gifford, added.</p><p>The tool's Open
TCA results are showcased through interactive, web-based dashboards, offering
customizable views. </p><p>New Trade Verification
Tool by big xyt</p><p>In May, big
xyt revealed its <a href="https://www.financemagnates.com/institutional-forex/big-xyt-launches-new-trade-verification-tool/" target="_blank" rel="follow">Trade Verification Tool</a>, designed to provide instantaneous
insights into price reversion and execution performance for any trade. The tool
specifically aims to enhance transparency in ETF execution quality and offers a
streamlined approach for scrutinizing suspicious trades in a fragmented market
environment.</p><p>big xyt has
established a diverse clientele, including investment banks, asset managers,
prominent exchanges, trading venues, ETF issuers, and regulatory bodies. Its
extensive tick data <a href="https://www.financemagnates.com/terms/a/analytics/">analytics</a> ecosystem encompasses over 120 trading venues,
covering a range of markets like equities, ETFs, FX, and listed derivatives.</p><p>In a separate
move to bolster its international presence, big xyt <a href="https://www.financemagnates.com/executives/moves/big-xyt-strengthens-leadership-with-anthony-huck-as-the-head-of-americas/" target="_blank" rel="follow">expanded its executive team</a>
by appointing Anthony Huck as the Head of the Americas. His responsibilities
include aligning the company's solutions with the strategic requirements of the
global trading and investment community.</p>

This article was written by Damian Chmiel at www.financemagnates.com.