Invesco, a leading independent global investment manager, has selected OneTick, the CEP engine and tick data solution. The firm will use the OneMarketData kit to perform customized transaction cost analysis (TCA) analytics on its executions.
According to a pres statement, Invesco will use OneTick's analytical tools to build custom TCA models as well as to run historical simulations and conduct quantitative research.
"Transaction cost analysis has long been an important part of our investment process," says Kevin Cronin, Invesco's Global Head of Equity Trading. "We wanted to increase both the level of sophistication of our analysis and experiment with new approaches."
He adds: "OneTick empowered us to take control of our TCA by allowing us to customize our analyses and embed them into our investment decisions with a quick, simple, and cost-effective tool."
Invesco operates in more than 20 countries and is listed on the New York Stock Exchange under the symbol IVZ.