ConvergEx, the financial software company, is upgrading its Web-based transaction-cost analysis tool PerformEx.
The software offers risk forecasting, real-time intra-trade analytics and historical performance reports, along with real-time alerts.
“Increasing fragmentation and declining liquidity mean that customers need more information than ever before about where and how well their trades are executed,” says Scott Daspin, managing director in ConvergEx’s Global Electronic Execution group. “With the enhanced PerformEx, customers can measure their single- or multi-currency baskets in real-time and take advantage of additional market opportunities. By zeroing in on leaders and laggards in their portfolios, traders are empowered to make informative decisions to rapidly modify their strategies to optimize execution.”
“PerformEx’s range of customizable features offer almost every chart, table, diagram or report you could possibly need,” says Jeremy Bruce, managing director and head of European Sales for ConvergEx’s Global Execution business. “This level of convenience, productivity and transparency keeps traders more informed than ever before and keeps our customers one step ahead of the market.”
(OS)