Factset Trading Systems (Portware)

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  Company Overview


Founded as Portware LLC, a private business, is a developer of broker-neutral, automated trading software solution for equities, futures, options, foreign exchange, and fixed income asset classes that is designed to integrate with in-house and third party applications and data services The product suite enables single stock, portfolio, basket, automated and algorithmic trading options In 2015 Factset purchased Portware for a reported US$265 Million Key Statistics: •Global liquidity points include 400+ broker destinations •Includes 50+ broker algorithms including 15 in Asia •Portware FX includes 20+ direct bank feeds •Portware FC links to 5 electronic communication networks

Type of business
Facilitator
Region
North America
Specialisation
Execution Management Systems

  Corporate Details


Date of UpdateUnknown
HeadquartersNorwalk, Connecticut, United States
Established2000
Market Cap US$N/A
Revenue US$N/A
Employees200+
OwnershipSubsidiary: Factset Research Systems
ManagementChief Technology Officer: Gene Fernandez Head of Analytics & Trading Solutions: Robert Robie Head of Content & Technology Solutions: Jonathan Reeve

  Website Analysis


URLwww.portware.com
Alexa Rank23,714
TypeFacilitator
Client CaseExecution Management Systems
CoverageUnited States, Hong Kong, India, United Kingdom & Factset Offices
Asset ClassesUnknown
TradingUnknown
TerminalsUnknown
FeedsUnknown
AnalyticsUnknown
Compliance & RiskUnknown
Indices & BenchmarksUnknown
Reference DataUnknown
Economic DataUnknown

  Key Products & Services


Factset Decision Support: Real time equity and bond data pre-trade and post trade execution management system with portfolio analysis, risk analytics, attributions, that optimises algorithms to adjust strategies based on order trends, market factors with real time alerts, and trading history analytics Factset EMS: Executes FX multi-dealer trades including, algos, RFQs & streaming quotes. Captures past trading, competing quotes, and can automate most frequently executed trades Portware Enterprise: Configurable equity, foreign exchange and fixed income, hosted and cloud based trading system that can be integrated with external applications, such as Transaction Cost Analysis (TCA) tools, market data feeds and internal data


  Business Potential


PresenceUnited States, Hong Kong, India, United Kingdom & Factset Offices
MarketInvestment Banks, Commercial Banks, Hedge Funds
CompetitionCalypso, Chella Software, Devexperts, Finastra, ION Trading (Fidessa), SimCorp, SS&C Advent, State Street, TradingScreen, Trading Technologies,
AvailabilityDirect from Factset
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