EBS Institutional Connects to thinkFolio to Create Combined Service

EBS, a provider of electronic trading platforms and technology services in the foreign exchange (forex) market, announced this Thursday that it has established a connection between its EBS Institutional (EBSI) execution management system and thinkFolio.

Part of the CME Group, EBS’s Institutional platform is a fully automated execution management system. thinkFolio, on the other hand, is a multi-asset investment management platform from IHS Markit.

The combined service will allow portfolio managers and traders to aggregate or spilt FX orders in thinkFolio before routing the orders to be executed through EBSI, the company said in its statement today.

Combined Service to Launch by Q4 2020

The connectivity between the two platforms will form a new service, which will be in place by the fourth quarter of this year. Hence, Clients of thinkFolio will be able to access EBSI’s execution functionality to reduce trading costs.

Commenting on the new service, Hugh Whelan, Head of EBSI said in the statement: "Client demand continues to grow for advanced functionality and consistent workflow management solutions.

"This link will improve our clients' experience, especially as IHS Markit's thinkFolio is often their system provider of choice. Connectivity between EBS Institutional and thinkFolio is a key milestone in our strategy to expand the suite of services we provide and efficiencies we can deliver to our client base."

Users of both IHS Markit and EBSI will be able to access thinkFolio’s cash and currency management capabilities, as well as its Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term options.

"While multi-currency cash and FX management functionality have always been a core strength of thinkFolio, we are continuously evaluating opportunities to provide our clients with a richer suite of liquidity venues to support the implementation of their investment and hedging strategies,” added Brett Schechterman, Managing Director and Global Head of Business for thinkFolio at IHS Markit, in the statement.

“Our enhanced connectivity with EBSI will further extend our clients' access to liquidity across currencies, time zones, and FX products, enabling dynamic trading opportunities and ensuring competitive execution.”