Agency-only broker and research broker ITG has announced a new all-encompassing technology platform, which includes new order and execution management systems, targeting hedge funds.
The new platform, ITG Position Manager, offers buysiders multi-asset trading, order management, compliance, reporting and operations functionality. Along with Position Manager, the firm also introduced the next generation of its single-stock execution management system, Triton Black.
“We now offer a fully-integrated platform designed to address hedge funds’ mission-critical workflow requirements, as well as modular flexibility so funds can tailor solutions to fit their needs,” said Will Geyer, ITG’s head of platforms. “ITG Position Manager and Triton Black are key parts of a comprehesive offering for hedge funds, including ITG Investment Research, ITG TCA, commission management, electronic trading and institutional block liquidity in POSIT. Our goal is to help clients generate and preserve alpha throughout the investment lifecycle.”
ITG Position Manager is a multi-prime, broker-neutral order management system, offering full support and real-time profit-and-loss information for multiple currencies, strategies, asset types and portfolios, according to ITG.
The combined offering is available as a hosted, cloud-based solution, serviced by ITG’s single-point-of-contact model, ITG said in a release.
