Ecofin Ltd. has gone live with the Execta Portfolio Management and Execution Management System (EMS) from Tethys Technology, Inc.
Ecofin has implemented Execta simultaneously in London and New York and plans to implement TotalTCA, the pre-trade, real-time and post-trade transaction cost analysis offering from Tethys, in the near future.
“Ecofin chose Execta for its flexibility, low latency, multi-asset algorithmic trading capabilities and the high-quality support. As our firm continues to grow, we needed a system that can easily scale to support new trading strategies and investment funds,” says Mike Earlywine, Ecofin’s trader.
“We are pleased to have Ecofin as client. They are a sophisticated firm with deep understanding of markets and technology. Tethys is committed to providing leading-edge analytics and trading technology to our clients globally,” adds Nitin Gambhir, CEO and President, Tethys.
Tethys’ Execta EMS Platform supports global trading in equities, options, futures and F/X. The platform includes modules for trading strategy simulation and optimal execution strategy determination.