Waters Rankings 2021: Best TCA system provider—DASH Financial Technologies
Product: DASH Financial Technologies
“DASH360 is a unique and elegant platform that lets clients see—in real-time—precisely how their orders are being routed. Not only does it provide detailed performance and cost breakdowns, but also comprehensive data visualizations that bring the routing process to life. Our account management and support teams also use it to monitor our clients’ execution. This familiarity with the product enables us to provide a level of consulting that we believe is second to none.”
Eugene Kearns, head of sales, DASH Financial Technologies
WHY THEY WON
Since 2010, this category has been won by an assortment of companies, though DASH won the best Algorithmic Trading Provider last year. The vendor will no doubt look to build on its success in the TCA domain with the help of ION.
WHAT’S NEW
DASH was officially acquired by ION Group in June 2021.
The vendor has launched a new version of its DASH OMS, which includes added functionality, flexibility, transparency and performance. DASH OMS provides a rich suite of US listed options and equities functionality supporting simple, complex and volatility-based algo strategies for execution management, as well as the ability to quickly systematize orders and easily send them into the marketplace.
DASH recently released enhanced “Hunt” logic in its Sensor Dark Equity algorithm. The enhancement leverages a customizable timer to allow the algorithm to continue seeking liquidity throughout the life of the order while adhering to user specified aggression controls.
DASH also recently launched new risk and allocation tools. These tools address critical components of the trade lifecycle, both of which are delivered in its DASH360 suite.
WHAT’S TO COME
Since being acquired, DASH and ION will look to globalize the company’s options technology and execution capabilities.
DASH has joined the ION Markets division, which specializes in global trading automation, analytics and innovation across the trade lifecycle, powering key capital markets workflows for financial markets participants across all asset classes.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Sell-Side Technology Awards 2024 winner’s interview: Broadridge
In this year’s Sell-Side Technology Awards, Broadridge Financial Technology won Best outsourcing provider to the sell side thanks to its hugely successful business process outsourcing offering
Waters Rankings 2024: Best market risk solution provider (highly commended)—FactSet
Product/service: FactSet Multi Asset Class Risk Solutions
Waters Rankings 2024: Best portfolio management system provider (highly commended)—FactSet
Product/service: FactSet PM Hub
Waters Rankings 2024 winner’s interview: IPC Systems
IPC Systems won the Best cloud infrastructure provider category in this year’s Waters Rankings. Tim Carmody, CTO of IPC, discusses his firm’s recent success in the rankings
Waters Rankings 2024 winner’s interview: Vneuron
Vneuron Risk & Compliance won the best AML compliance solution provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner’s interview: Cloud9
Cloud9, part of Symphony, won Best trading floor communication system provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner’s interview: AI Risk
New York-based AI Risk won the Best cyber security provider category in this year’s Waters Rankings.
Waters Rankings 2024: Best performance measurement and attribution system provider—FactSet
Product/service: FactSet Performance Solutions