TZ Trade Surveillance SolutionsTZ is our award-winning trade surveillance software. It provides Best Execution, Market Abuse and Transaction Cost Analysis (TCA) solutions. Read more about TZ here, or get in touch to organise a free Proof of Concept. Get In Touch
THE THREE MAIN MODULES OF TZ
TZ’s best execution functionality is industry leading. It uses exception based testing to analyse client data against benchmarks and parameters that you can set yourself. This data is tested against reference and market data from over 250 global sources. RTS 27 and 28 functionality included.
TZ offers over 15 tests and alerts that investigate different forms of market manipulation and insider trading. It can analyse unstructured data, compile instant reports, and give you access to all your trade data at the click of a button. As with all other TZ areas, you can also calibrate your parameters to suit your needs.
TZ Features and Benefits
Learn more about TZ - our comprehensive trade surveillance solution. All our solutions come with free proof of concept. For more information, click the button below.
Exception Based Testing
Set your own benchmarks and parameters. Any transaction that doesn't meet your criteria will generate an alert which you can examine.
TZ's settings and test parameters are entirely customisable, giving you complete control over the alerts you see.
Global Multi-Venue Analysis
Reference and market data is collected from over 250 global sources through our market data partners.
Preset and Bespoke Reports
TZ offers a wide range of best execution reports, including RTS 27 and RTS 28 functionality.
Large Volume Data Handling
TZ can ingest and process extremely large volumes of data - millions of trades can be processed every day.
Immediate Access to Data
Reports can be compiled at any time and for any date range, allowing you to access all your data at the click of a button.
Hosted and In-House Solutions
Whether you're looking for an in-house or hosted solution, we can provide a flexible trade surveillance system to suit your needs.
Generate audit trails, run management reports and set up a custom workflow - you have full control.
Visual and Statistical Data
Generate customisable charts and graphs to visually represent your data, or export tables as PDFs or Excel files.
The PATH Platform
PATH is the engine that powers eflow. Every one of our solutions is built using PATH. Always has been, always will be.
Put simply, it’s a collection of tools and functions built by our developers to be used in our solutions.
Every time one of our developers makes something new, it gets added to PATH for all of our clients to use. If you sign up for one of our solutions, you’ll be getting access to over 2 decades of development work – in just a couple of weeks.
The eflow Blog
Disagreement Over Research Unbundling Between UK and EU Fund Managers As part of the regulatory framework enacted by MiFID II in January of 2018, asset managers were required to separate the cost of research from other costs such as trading commissions. This...
Market Data Vendors Struggle to Keep Up Amid Coronavirus Pandemic Since the outbreak of COVID-19 has spread and made its impact known on global markets, a number of banks and investment firms have been required to fall back on Business Continuity Measures (BCP). As a...
ESMA Releases Public Statement on MiFID II Best Execution Reporting During COVID-19 Pandemic The disruption to markets caused by preventative lockdowns in response to the Coronavirus pandemic has caused execution venues and firms a great deal of uncertainty with...
Covered Asset Classes
You don't need to worry about incompatible asset classes with TZ. These are the asset classes TZ can process.
Global exchange trade CASH equties. Exchange-traded derivatives thereof.
FX spot, FX forwards and FX swaps.
FX, Indicies, Equities & Commodities.
US treasuries, US agencies, US corp, EMEA & APC