10.01.2019

Royal London Asset Management Selects TradingScreen

10.01.2019

TradingScreen (TS), the multi-asset order and execution management system (OEMS), today announces it has been selected by the U.K. investment management firm, Royal London Asset Management (RLAM), to drive better returns for investors.

The partnership will allow RLAM to trade across multi-asset classes within its £130 billion portfolio via one centralised platform, offering greater operational efficiencies and therefore more time to focus on execution quality.

RLAM will also benefit from access to the recently launched transaction cost analysis (TCA) solution via TradingScreen’s EMS platform, TradeSmart® to enhance its best execution and reporting capabilities.

The partnership comes as investor pressure to cut costs, combined with a regulatory drive for greater transparency, means that asset managers are seeking ways to execute trades more efficiently while simultaneously reducing costs and operational risk across the business.

Cathy Gibson, head of dealing at RLAM, said: “As the need for trading desk expertise to collaborate across asset-classes grows, creating an environment where we can share execution strategies is a must. By streamlining different execution platforms down to a single, multi-asset solution, TradeSmart gives us the agility and flexibility we need to navigate cross-asset market complexities.”

Chris Hollands, head of European and US sales and account management at TradingScreen, added: “In a world of intense investor and regulatory scrutiny, the consolidation of front-office trading systems and TCA is paramount for asset managers. RLAM’s decision to partner with TS reinforces our unrivaled capability to help clients meet external demands, as well as achieve greater efficiencies for its clients.”

Source: TradingScreen

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