Itiviti product news – Itiviti Analyst

Itiviti Analyst is here. Our all-new regulatory solution for MiFID II compliance, and more than that. It is also designed to empower our clients to capture new business opportunities created by MiFID II, which is expected to have a major impact on the European trading landscape.

One part of this launch took place already this past March, as we introduced Itiviti Analyst MAR, in time to help clients meet the new market abuse regulation which became effective in July.

To address the entire scope of MiFID II, and to accommodate future developments, Itiviti Analyst has a modular design. Adding to the present MAR toolset, the following modules are now added to the suite:

  • MiFID II Parameters. Based on our belief that traders cannot keep track of all parameters – they should be collected from various external sources and integrated into the trading environment. MiFID II will force trading to become more parameterized and controlled by parameters than today.
  • Best Execution. Detailed reporting functionality to meet more explicit reporting requirements for quality of execution introduced by MiFID II.
  • Market Maker Compliance. Customized market making monitoring and reporting, to comply with new obligations to monitor market making activities so that these records can be distinguished from other trading activities.
  • Algo monitoring. Real-time monitoring of all algorithmic trading activity. Detection of rogue algorithms. Issuing of real-time alerts.
  • TCA (Transaction Cost Analysis). Predict, track and demonstrate execution quality with quality reports that go beyond what MiFID II requires, to support business decisions and evaluations.

A vendor-agnostic solution, Itiviti Analyst consumes industry-standard FIX drop copy of orders and trades and quotes. This facilitates implementation with minimal impact on existing trading infrastructure, while reducing overhead, costs and risks associated with compliance. It covers all asset classes (equities, ETFs, derivatives and bonds).

Our commitment to flexibility means that Itiviti Analyst can be delivered as a fully managed service or as a deployed solution.

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