Dash Introduces Real-Time Analytics for Portfolio Trading

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New Dash360 functionality includes real-time analytics, visualizations and reports.

Capital markets technology provider Dash Financial Technologies has announced the addition of new functionality for Dash 360, its web-based platform. The new tools bring real-time analytics, data visualization and reports for order-to-execution level transparency, routing analysis, performance reporting, venue controls and exchange fee visualization.

Last fall the company unveiled a new portfolio trading algorithm that is available on a front-end agnostic basis. According to the company, the new Dash360 functionality provides users with key features such as:

  • realized and unrealized performance tracking
  • duration and cash management visualizations
  • industry/market cap/liquidity analytics
  • venue and routing analysis
  • corporate action and earnings calendars
  • detailed TCA reporting and analysis capabilities

 “Our team has worked for many years with investment professionals on their portfolio execution challenges, and invariably the struggles come back to shortcomings around transparency, performance and control. As the rise of PT as a workflow continues, this new solution simplifies and visualizes in real-time the huge amount of data these traders are parsing to help them focus only on outliers and other special situations, which ultimately enables them to add operational alpha to the execution process. We have had a phenomenal response from early adopters of this product thus far and are extremely excited for the broader institutional trading community to now use it,” said Jennifer Hubbs, Co-Head of Dash’s Portfolio Trading Solutions Group.

See also: SAP integrates financial planning into cloud platform

PT analytics is the latest addition to Dash360. In late 2018 the company added a new Closing Auction analytic, which was designed to provide insights on historic, predicted and real-time market/auction volumes and visualizations for execution schedule and cash flow. This includes expected fill rates and both single order and basket slippage.

“Recent regulatory changes such as MiFiD II have done a fantastic job of engendering more transparency globally in an industry that has traditionally been fairly opaque. While this is a wonderful development, this creates a tremendous amount of new data at a time when buy side is continually being asked to do more with less. It is therefore critical that they have the analytics, reporting and visualization tools that allow them to cut through the noise by presenting clear, concise and actionable intelligence. Dash360 is a great platform that allows us to not only express our analytics, but continually and seamlessly innovate to ensure we remain at the forefront of the institutional technology and execution space,” said David Karat, Chief Creative Officer and Dash360 product lead.

Sue Walsh

About Sue Walsh

Sue Walsh is a freelance writer and social media manager living in New York City. Her specialties include tech, security and e-commerce. You can follow her on Twitter at @girlfridaygeek.

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