SunGard rolls out TCA for FX

SunGard has launched a transaction cost analysis (TCA) tool to help traders, corporate treasurers and portfolio managers better understand their FX execution quality...

SunGard has launched a transaction cost analysis (TCA) tool to help traders, corporate treasurers and portfolio managers better understand their FX execution quality, the vendor announced in December. Delivered via software-as-a-service, the tool provides real-time FX pricing and transaction data in a customisable format. The absence of a central or regulated pricing venue is driving the need for FX pricing transparency for managing exposure and costs.

 

“Corporations, insurance companies, pension funds and asset managers know that the FX component of their trading performance is becoming more important to track and manage as investors seek alpha,” says Bob Santella, president of SunGard’s global trading business.