May 11, 2017 (TORONTO) – TMX Insights today announced it has teamed up with IRESS, a leading supplier of technology for wealth management and financial markets, to develop compatibility between the IRESS products and the TMX Analytics Transaction Cost Analysis (TCA) application.
TMX Analytics TCA offers clients protected access to their trade and order history and enables them to review performance, routing and venue quality in intuitive, customizable formats. Other key features include support for MiFID II and analysis of interlisted trading data for equities also listed on international venues.
"We are pleased to work with IRESS to provide our customers with a better user experience which will allow for seamless compatibility between the TMX Analytics TCA and IRESS products ," said John Willock, Director, TMX Datalinx. "TMX Insights continues to work together with our clients and partners in pursuit of unique products and solutions designed to effectively inform trading strategies and create competitive advantages."
Ricardo DaCosta, VP of Market Structure and Solutions at IRESS added: "This collaboration between industry leading technologies benefits IRESS clients by further enriching the solutions available to analyze routing decisions and execution performance. We are delighted to partner with TMX Group on this initiative to maximize our customers' ability to tackle evolving and increasingly complex challenges in today's trading environment."
TMX Analytics TCA is offered under the TMX Analytics platform, which provides access to dashboards showing analytics derived from U.S., Canadian and European trading venues equity data and global FX data. For more information visit www.tmxanalytics.com.
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston) as well as in London, Beijing and Singapore. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
IRESS is a leading supplier of technology solutions to clients in the financial markets, wealth management, and mortgage sectors. IRESS is listed on the Australian Securities Exchange (ASX.IRE) with operations in Canada, Australia, New Zealand, South Africa, Asia and the United Kingdom.
For more information please contact:
Manager, Corporate Communications
Debra Knott / Sian Gulliver
Telephone: +44 (0) 1926 621 410
Mobile: +44 (0) 7796 271584