This report examines the key trends driving demand for transaction cost analysis (TCA) solutions, and how the vendor landscape is evolving to meet the changing needs of investment managers and traders.
This report forms the basis of ongoing research that analyzes the evolving dynamics of TCA. It is based on Chartis analysis and interviews conducted with representatives of buy-side firms. In subsequent research we will dig deeper into multi-asset TCA and consider the impact that machine learning (ML) tools are having on TCA techniques. We will also dig deeper into ‘peer group’ benchmarks, and assess their value when it comes to informing trader behavior.