BNP Paribas has partnered with the Itarle Group to offer buy-side clients with access to real-time transaction cost analysis. Access will be provided through the Itarle’s Vision product, meaning BNP Paribas clients’ will have direct access to an independently verified, unbiased TCA service, included as a part of the overall execution service.
By accessing real-time, dynamic performance analytics, clients will be able to make order decisions based on live flows, potentially reducing costs during the lifecycle of an order. Furthermore, detailed historical data is available to clients through an interactive web-based service, enabling clients to conduct thorough TCA analysis and make comparisons with other providers.
The TCA service also allows BNP Paribas clients to assess the quality of orders that have been executed using a mixture of both manual and algorithmic execution. This enables clients to evaluate multiple execution methods across the BNP Paribas service offering.