ITG (Virtu Financial)
Provides multi-asset transaction cost analytics and execution performance tools for institutional investors.
Overview
ITG, operating under Virtu Financial, offers advanced analytics solutions designed to optimize trade execution and portfolio management for institutional investors. Their Global Peer database aggregates proprietary transaction data covering over 20% of institutional equity trades globally, enabling detailed performance benchmarking against industry peers.
Their Agency Cost Estimator (ACE) model evaluates execution costs across 50+ markets using historical data, while the Portfolio Optimizer tool assists in constructing cost-effective portfolios considering transaction costs, taxes, and constraints. The multi-asset Transaction Cost Analytics (TCA) platform supports equity, FX, fixed income, and futures instruments with over 100 standard and 200 custom benchmarks.
Virtu's Open Technology Platform provides a data-as-a-service solution with APIs and tools to integrate Virtu's data and analytics into client workflows, supporting enhanced decision-making and execution quality.
Key Features
- + Global Peer database with proprietary transaction data
- + Agency Cost Estimator (ACE) model for execution cost analysis
- + Portfolio Optimizer with back-testing environment
- + Multi-asset Transaction Cost Analytics (TCA) platform
- + 100+ standard and 200+ custom benchmarks
- + Open Technology Platform with APIs for data integration
- + Supports equity, FX, fixed income, and futures instruments
- + Quarterly recalibration of cost models using trade data