FairXchange, a financial markets data science company, has expanded its Horizon product by introducing new functionality in it. The company has rolled out a new Pricing Stack Analysis feature which will provide financial institutions from around the entire world with valuable information.
Pricing Stack Analysis Feature
Now a new feature known as Pricing Stack Analysis will be available in the Horizon product of FairXchange. Through this feature, financial institutions from across the world would be able to make data-driven and highly-informed decisions regarding their interaction with Liquidity providers either existing or prospective.
The new feature will let FairXchange provide a full view of the pricing stack of a financial institution by offering an in-depth insight into their liquidity dynamics. In this way, the company believes that the hedge funds, brokers, and banks would be able to understand what financial impact does their Liquidity Provider selection has.
While sharing his view on the new feature, the Chief Executive Officer (CEO) and Founder of FairXchange, Guy Hopkins said that the feature of Pricing Stack Analysis has been developed in an attempt to address the certain issues faced by financial institutions as well as by Liquidity Providers. Shedding a light on these issues, he said:
“A fundamental issue that the market currently faces is that financial institutions find it very hard to measure the financial impact of any changes to their liquidity provision. Conversely, Liquidity Providers find it hard to demonstrate the value they can bring to a client, how much more money they can save them or how they can win more clients through data-driven discussions. We have developed our Pricing Stack Analysis to address these issues, providing concrete evidence about the impact of liquidity decisions on a financial institution’s P&L.”
Adding more to it, he said, “Pricing Stack Analysis propels our offering to another level as we can now crystallise the results from our analysis in monetary terms – i.e. measuring cost savings in real dollars. This makes it far easier to justify the subsequent cost of onboarding a new Liquidity Provider.”