FlexTrade has selected Corvil advanced analytics to gain a higher standard of execution quality analysis and improvement. FlexTrade is a broker-neutral provider of execution and order management trading systems for equities, FX, options, futures and fixed income securities.
Firms are also looking beyond transaction cost analysis (TCA) for greater quality of order handling, and greater overall outcome and performance are increasingly the result of precision insight from advanced analytics, a spokeswoman said in an email. Vishal Pandya, FlexTrade’s COO said in a statement that using Corvil has reduced incident diagnosis from days to minutes or hours.