Kepler Cheuvreux is the first financial institution to adopt Opensee’s cloud service for trade management and execution analytics.
The solution, which will be deployed via Kepler’s KCX execution services, will enable users to conduct unlimited independent analysis of all their internal and third-party trading data.
They will also have the tools to identify the drivers of performance and how to achieve optimal trade execution at lower costs.
Kepler Cheuvreux intends to offer the service to its clients after an initial phase of internal use.
“KCX is constantly on the hunt for technology that delivers a competitive edge,” said Chris McConville, global head of Execution Services & Trading at Kepler Cheuvreux.
He added, “We were among the first to identify the massive potential Opensee’s platform offered in taking trade analytics to the next level.
Our clients will gain fast, actionable intelligence without relying on us to intermediate. This solution brings full transparency, adds value to our service and allows us to forge better client relationships.”
Stephane Rio, founder and CEO of Opensee, said, “Our long-standing cooperation with Kepler Cheuvreux is an important step in enabling all financial institutions to manage their trading data stack challenges as their volumes of data grow exponentially.
We want to provide high performance tools that allow users to source valuable business intelligence for more informed decision-making, to identify opportunities for a competitive advantage or to respond better to client needs.”
Opensee outlined its expansion strategy last December which included offering banks, asset managers, hedge funds and brokers access to data at scale with embedded analytics for use cases incorporating market and credit risks, liquidity management, trading analytics, and environment, social and governance (ESG).
©Markets Media Europe 2023
