LiquidityBook Integrates FactSet Data to Improve Investment Decision-Making

LiquidityBook, a provider of FIX (Financial Information Exchange) and OMS (Order Management System) trading solutions for both the buy and sell side, announced today that it has integrated FactSet’s real-time global exchange, reference and benchmark data within both the Buy-Side LBX and Sell-Side LBX POEMS (portfolio, order and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term management system) platforms.

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FactSet is provider of insight and information to investment professionals through 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, service, content and technology, allowing users to make smarter investment decisions by deploying the firm's desktop analytics, mobile applications and comprehensive data feeds

Dave Hannibal, Global Channel Partners Manager at FactSet, commented: “By having a deeper integration with partners like LiquidityBook, clients have a more complete user experience by having FactSet content integrated into their POEMS workflow and also have their trades updated in the FactSet workstations. This allows a seamless way to experience the FactSet workstation and realize the benefits of adding FactSet market data to other products".

Multi-Asset Management Solution

LBX is LiquidityBook’s multi-asset trade management solution for order entry, risk, compliance, and reporting. With the integration, clients are able to access intraday holdings and trade files in LBX and perform detailed analyses with FactSet’s real-time portfolio analytics and optimisation tools.

The combined offering is currently being utilised by several clients, including Crow Point Partners, which recently implemented the LBX platform across its front, middle and back-office operations as a replacement of the Eze Investment Suite.

Sean Sullivan, Chief Revenue Officer at LiquidityBook, said: “We’re very excited to partner with FactSet and expand the universe of data and analytics options available to our clients. FactSet provides all the information needed to streamline and accelerate the buy-side workflow, from news and quotes to robust volume analytics and powerful portfolio performance tools. Its portfolio-specific information also helps to enhance the communication between trader and PM, strengthening a vital link on the buy-side desk.”