Ideal, Broadway in FICC Analytics Deal

Decision intelligence firm Ideal has partnered with technology provider Broadway to deliver turnkey access to FICC trading and flow analytics, and actionable insights.

The Ideal Flow solution brings what the firm terms an unprecedented level of insight to fixed income trading, adding that for the first time, FICC traders can easily review client transaction cost analysis (TCA), compare client profitability, and assess risk in both human and electronic trading.

The solution enables traders to instantly visualise historical trends as well as drill down into trade activity millisecond by millisecond. Integrated market data provides valuable context on market share movements.

“In building Ideal Flow, we drew upon our firsthand experience leading trading desks and quant groups for over two decades in-house,” says John Crouch, Ideal CEO. “We translated our specialised knowledge of FICC dynamics and workflows into a user-friendly interface with intelligent curation built in. As a result, Ideal Flow is the only analytics solution that perfectly anticipates trading teams’ needs and illuminates the critical actions to help them trade more effectively.”

Broadway CEO Michael Chin adds, “For 20 years, Broadway has been helping our clients optimise their fixed income workflows, with high-performance trading solutions and exceptional customer experiences. The Toc, our core platform, enables seamless interoperability among essential tools — whether proprietary, third-party, or Broadway — giving our clients access to the full range of best-of-breed solutions. By partnering with Ideal, we are pleased that we can now offer our clients the sophisticated performance analytics of Ideal Flow, deployed seamlessly and securely within the Broadway environment.”