Tbricks offers the functionality and flexibility to accommodate this dynamic, with tools extending across equities, ETFs, Fixed Income, FX and derivatives. That means systematic hedge funds can leverage a single point of access for all their trading, saving them from the tedium of context switching and the like. And what’s more, the platform’s modular architecture means it can work seamlessly alongside a wide variety of asset-class-specific tools, further enabling the shift to multi-asset.
Low-Latency Connectivity and Transparency
An inability to efficiently send orders to market can dull the effects of even the most powerful modeling and analysis. While speed is not necessarily a defining element of every systematic hedge fund’s strategy, it is a requirement for remaining competitive and maximizing performance, so low-latency connectivity is a must.
The Tbricks platform has been built with performance in mind, with direct market access (DMA) to major exchanges, often leveraging binary protocols or other low-latency methods. While the architecture contains numerous optimizations and shortcuts to ensure speed, we also deliver comprehensive transparency to clients, with detailed timestamps and real-time performance breakdowns, enabling them to make targeted and informed enhancements.
Regulatory Readiness and Agility
One additional benefit of Tbricks is its ability to adapt to an evolving regulatory landscape, an important priority across the buy side. New regulations often require funds to process and store extra information – in the case of MiFID II, for example, this involves short codes to identify algorithms and operating users, as well as new transaction IDs that could be attached to messages.
With Tbricks, data models are built to be extensible from the start, so incorporating additional data elements requires just a few clicks, not a wholesale re-architecture. This seamless responsiveness to regulatory change is yet another benefit of Broadridge’s modular approach.
The Road Ahead
"Tbricks can play a crucial role in helping systematic hedge funds navigate an evolving market landscape."
Because of all these factors – robust integration with other systems, strong analytical and calculation capabilities, and low latency – Tbricks can play a crucial role in helping systematic hedge funds navigate an evolving market landscape. And with the continued electronification of workflows and asset classes, the growing multi-asset imperative and the ever-present possibility of new regulation, maintaining the near endless flexibility that Tbricks enables is essential.
The benefits of Tbricks go beyond the functionality of the platform itself. The Broadridge team combines vast industry expertise with a keen focus on client service, so users and firms are fully supported at every stage, from implementation to ongoing use.
Bottom line: for systematic hedge funds, the road ahead is rife with both challenges and opportunities. Making the most of the opportunities will require a platform with the ideal combination of functionality, user-friendliness and flexibility – and through Tbricks, we stand ready to provide exactly that.
This article was first published on Global Trading.