As a pioneer in transaction cost analysis, ITG offers unique measurement and reporting capabilities to help traders and portfolio managers analyze costs and performance across the trading continuum. Our suite of offerings includes:

ITG TCA^®

ITG TCA assesses trading performance and implicit costs under various market conditions, so you can adjust strategies, reduce costs, boost fund performance, and potentially improve a fund’s ranking. ITG TCA helps you measure, analyze, and control the full range of costs which may affect trading price/performance.

• Optimize trading strategies—Daily feedback helps you fine-tune algorithmic strategies and trading tactics.
• Enhance trading performance— ITG’s Agency Cost Estimator (ACE) model is embedded in TCA to help you identify and monitor the implicit cost of trading.
• Measure and compare foreign exchange transaction costs—Utilizing quoted, traded, and indicative foreign exchange transaction data from FXall, a global institutional electronic FX trading platform, ITG TCA for FX helps you identify where slippage and costs occur so you can make more informed future FX transaction decisions.

ITG Alpha Capture^SM

From portfolio manager to trader to broker, ITG Alpha Capture measures cost at every point of the investment process and provides to portfolio managers quarterly analytical reviews, written interpretations, and on-site consultative recommendations to enhance performance.

• Improve your fund’s ranking—ITG Alpha Capture helps identify costly areas in order to reduce trading costs, limit risk, and improve a fund’s net performance. In turn, this can improve a fund’s ranking.
• Enhance transaction process efficiency—By providing comparisons and creating standard benchmarks based on aggregate clients’ results, ITG delivers the data you need to identify areas of improvement in your processes. Reports are delivered daily, weekly, monthly, or quarterly and allow both drill-down and drill-through analyses through customized on-line facilities.

U.S. Patent No. 7,539,636

ITG Peer Analysis™

ITG Peer Analysis provides competitive comparisons of equity transaction cost performance relative to your peers by comparing execution performance to similar orders executed by other clients in ITG’s Peer Universe. When incorporated as part of your best execution, process-improvement plan, ITG Peer Analysis can help identify operational strengths and weaknesses contributing to overall investment returns.

Obtain comparable peer results- Ranking analytics are based on a subset of the extensive ITG TCA^® transaction database which contains activity derived from approximately 200 institutional clients including 38 of the top 50 global fund managers*.

Facilitate strategy-independent, parallel assessments – Utilizing a unique and patented methodology, ITG’s Situational Ranking Report, part of the ITG Peer Analysis suite of reports, neutralizes fund strategy variables and assets under management, thus enabling a more comprehensive peer analysis.

Visualize performance results- Illustrative graphics present complex performance metrics in easily consumable formats.

*Fund manager rankings published by Pensions & Investments based on assets under management as of December 31, 2008