Market Insights
BTCA
RBLD
Case Study
100
What are 3 key themes impacting the trading environment?
Electronic trading, liquidity and regulatory pressure.
100
What is BTCA?
Bloomberg post-trade Transaction Cost Analysis tool.
100
What is RBLD?
EMSX Trade Automation Rule Builder tool.
100
Who is the current TCA provider for Manulife?
Abel Noser.
200
Name 2 advantages of electronic trading.
Reduced cost of transaction, greater liquidity, tighter spreads and increased transparency.
200
Name 2 benefits of BTCA.
Lower trading costs, robust compliance tools, lower total cost of ownership.
200
What does RBLD do?
Allows customers to create custom alerts on specific orders or routes.
200
What were the 3 drivers for Manulife to license BTCA?
Lower cost of ownership, MiFID II and audit requirements.
300
Name 3 Regulations which have impacted the financial markets.
Dodd-Frank Act, Basel III, European Market Infrastructure Regulation (EMIR), Markets in Financial Instruments Directive (MiFID II) and Market Abuse Directive (MAD II).
300
Who can use BTCA?
Traders, PM's, CIO's and Compliance officers.
300
Who is BTCA's main competitor?
ITG Triton.
300
Name 3 packages that Manulife is already using.
AIM Premium, Integration, PORT +, Enterprise Risk and PolarLake.
400
Name 3 preferred platforms for aggregated liquidity according Trade Desk Magazine.
Bloomberg, MarketAxess, Tradeweb, Liquidnet, Algomi and Neptune.
400
Name 3 BTCA competitors.
ITG, Markit, Nice Actimize, Liquidmetrix, Nasdaq Smarts, Able Noser and Elkins McSherry.
400
Name 2 benefits of RBLD.
More efficient workflow, freeing time to focus on larger orders, simple interface and viewable from EMSX.
400
What is the Manulife project?
They are migrating from 3 separately regional databases into 1 global database.