TS Imagine, the global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, is pleased to announce the global availability of Platform 3.0, encompassing the culmination of three years of strategic research, development and investment.
This thorough modernization of TS Imagine products and services “propels TS Imagine users to the edge of innovation within global capital markets.”
Over the past three years, TS Imagine established “a dedicated data and analytics function and recruited a global team of data experts who delivered an extensive expansion of data coverage seamlessly integrated in Snowflake.”
They drove the merging of data sources, datasets, interfaces and data management processes. Their work brings several benefits “to users including expanded coverage of data, faster delivery of actionable insights, more accuracy from unified data sourcing, and more reliability from the automation of data management.”
The expanded data set provides “price discovery and liquidity access, including a cross-asset class liquidity network encompassing over 300 endpoints. New users receive immediate access to all asset classes on their first day of usage, and client service teams are more wholistically informed.”
The transformation creates efficiencies and “significantly lowers the total cost of ownership for users.”
In fixed income specifically, there are tangible benefits “such as new issue bonds being available within TradeSmart Fixed Income EMS on or before the auction day, providing a significant advantage for users navigating global bond markets.”
Platform 3.0 introduces AI into TS Imagine products “across trading and risk management. AI converts unstructured data into structured data primed for machine learning and automation. The automation provides users access to a broad set of data in a timely manner.”
Users benefit from intraday insights produced “by AI-driven automation, empowering them to optimize their workflows and make rapid decisions supported by real-time data and analytics.”
Additional research and development continue “as breakthroughs in AI transform the financial technology landscape.”
Platform 3.0 includes the integration of AutoRoute, “an advanced EMS automation tool designed to simplify and enhance order flow management.”
AutoRoute automatically routes orders “to block venues, automatically assigns orders to brokers and traders, and much more.”
The automation tools also allow traders “to automatically classify trades and customize rules for workflow efficiency.”
Compliance with regulations such “as the Best Execution Rule can automated.”
Platform 3.0 delivers an even wider range of instruments to traders and their teams in more asset classes.
With the data expansion, TS Imagine products cover “over 20 million financial instruments, including all listed securities and bonds from terms and conditions of a financial instrument to quantitative data structures including yield curves, volatility surfaces and time series.”
The expansion allows fixed-income traders and their teams “to diversify their trading strategies and access new markets including municipal bonds.”
This access gives a clear competitive advantage by “expanding their opportunity set. Other new asset classes within TS Imagine’s platform include warrants, structured products and derivatives.”
Platform 3.0 significantly fortifies the “comprehensive financial risk management solutions within Risk Smart + and RiskSmart X, allowing users to manage and mitigate their financial market risk, and safeguard their investments better and more effectively.”
In RiskSmart X, the industry’s most comprehensive margin calculator tool prepares sell-side financial institutions “to defend and challenge margin calls during extreme volatility.”
Small and mid-sized investment firms using TS One “can view live analytics via a seamless front end which also includes end of day calculations such as VaR.”
Throughout both RiskSmart solutions, automation powers “the delivery of fresh, accurate P&L vectors at the start of each trading day.”
Platform 3.0 features robust post-trade transaction management and reporting, including automated, detailed tracking of trade history and validation of best execution against hundreds of benchmarks optimized for transaction cost analysis (TCA). The post-trade functionality allows users to automatically maintain accurate records, streamlining their post-trade processes, and allowing for more control over compliance processes.
Through TS One, small and mid-sized investment firms “access the same tools used by the world’s most sophisticated investors.”
Platform 3.0 delivers these tools within modules “representing important operational functions such as compliance, accounting and risk.”
The modules allow users to customize their technology stacks “according to their unique requirements, and to add modules as they grow.”