NEW YORK, July 17, 2015 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), an independent execution broker and research provider, today announced that it has been recognized by Waters Technology for its best-in-class transaction cost analysis (TCA) offerings.
ITG was named Best TCA Provider in the 2015 Waters magazine rankings, which highlight technological excellence in the global financial services industry. The award was based on a poll of the magazine's 18,000-plus subscribers, including representatives from buy- and sell-side firms, as well as brokerages and exchanges.
“ITG has strived to establish trusted relationships with institutional investors and to provide them with cutting-edge tools and services to help ensure best execution and improve investment performance,” said Ian Domowitz, Managing Director and Head of ITG Analytics. “This recognition as Best TCA Provider demonstrates the continued strength of our business as well as our ability to develop innovative new solutions.”
ITG is the market leader in TCA, bringing together extensive current and historical data to allow clients to make informed strategy, broker, algorithm, and liquidity venue selections. ITG TCA® is backed by the largest dataset of transaction cost information in the industry, comprising 20% of global institutional equity activity, to provide a window into the entire investment process and support improved outcomes. ITG has also expanded into the Foreign Exchange market with ITG TCA® for FX to help traders and portfolio managers analyze foreign exchange executions and reduce trading costs. For more about the full range of ITG’s analytics offerings visit http://analyticsincubator.itginc.com/
In addition to the Waters award, ITG’s execution, analytics, platform, and investment research solutions have won accolades worldwide from buy-side surveys, independent research firms and prominent industry publications. For a full list of ITG’s awards visit http://www.itg.com/about-itg/awards/
ITG is an independent execution broker and research provider that partners with global portfolio managers and traders to provide unique data-driven insights throughout the investment process. From investment decision through settlement, ITG helps clients understand market trends, improve performance, mitigate risk and navigate increasingly complex markets. ITG is headquartered in New York with offices in North America, Europe, and Asia Pacific. For more information, please visit www.itg.com.
ITG Media Contact: J.T. Farley (212) 444-6259 email@example.com
Source:Investment Technology Group Inc.