Factset Trading Systems (Portware)

  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

  Website Analysis

  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