Abel Noser Solutions: Turning Trading Insight into Action

CIO VendorTed Morgan, CEO
Until recently, the lack of automation in the fixed income market has been a major factor behind non-transparency in price discovery and liquidity provision, as opposed to other asset classes such as equity and foreign exchange. However, with the rise in electronic trading, combined with Financial Industry Regulatory Authority’s (FINRA) latest trade reporting requirement for US treasuries, today there is much more data available to perform transaction cost analysis (TCA) in the fixed income arena. Traders and asset managers are increasingly open to the idea of analyzing fixed income trading to improve trading strategies, not to mention stay compliant. Utilizing a wealth of information gleaned from a benchmark universe of over 650,000 global fixed income securities, Abel Noser, a fin-tech company offering institutional investors trade cost measurement and trade surveillance services, calculates a wide variety of transaction data-points for meaningful insights into execution quality and trading costs. “Our trade universe is one of the largest of its kind, and our core competency lies in the precision with which we deliver transaction results for “improved investment performance,” remarks Ted Morgan, the company’s CEO.

Used by traders and portfolio managers for comparing costs, evaluating strategies, and improving trading performance, Abel Noser’s premier analytics product, Trade- Zoom, is a powerful web-based post-trade measurement tool that provides high-level executive summary views of asset classes along with time-specific data for each step of the trading process. One of the fastest TCA platforms in the industry, Trade-Zoom is comprised of a suite of online interactive tools and canned reports that capture the most popular TCA views.

We believe that in the next five years, every tradable security will be measured through TCA and our platform is set to cover every asset class

The platform's fixed-income trading analytics uses a breakthrough measurement methodology based on liquidity, quotes, and benchmark rates for superior trade measurement.To further manage and react to multi-asset trading costs, the company's Trade Pulse is a trading analysis tool that gives a user access to peer trade data in real-time for effective decision making. The solution helps clients manage their portfolio as well as single stock trades by utilizing transaction details and heat map visuals. To predict the costs of a trade and expected returns before execution, Abel Noser also offers Trade Compass, a pre-trade tool that gives traders a view on how the market might react to new order flow and prepare execution strategies accordingly. Finally, not forgetting the challenges related to liabilities and compliance breaches, Abel Noser's Compliance+ platform offers a comprehensive set of features that help firms comply with data-driven regulations or oversight mandates both at the buy-side and sell-side. For clients that require more bespoke options, Abel Noser offers an array of consultative services and customized technology products.

Having made significant investments in its London office in the past year, Abel Noser is ready to reap the benefits from their recent European expansion while building upon increased interest in the firm’s MiFID II and PRIIPs offerings. “We believe that, in the next five years, every tradable security will be measured through TCA and our platform is set to cover every asset class,” mentions Morgan. In light of changing trading methods, technical advances, and compliance complexities, Abel Noser, with its ever-growing set of versatile features, is undoubtedly the go-to platform for today and into the future.