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Broadridge Announces First-of-its-Kind AI-Powered Algorithm Insights Service

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Broadridge Financial Solutions (NYSE:BR) has launched a groundbreaking AI-powered algorithm insights service for NYFIX, aimed at transforming algorithmic trading. The service leverages real-time liquidity mapping to help asset managers and hedge funds achieve better trading accuracy and cost efficiency.

The first-of-its-kind solution utilizes advanced AI to analyze public and private data for understanding liquidity landscapes, particularly dark fill locations. It provides real-time alerts and in-trade analysis, enabling traders to make in-flight adjustments to optimize their trading strategies.

Developed based on research from Jeff Alexander and Linda Giordano of Babelfish Analytics, the service is currently available to NYFIX Order Routing customers in U.S. equities markets, with plans for expansion to other asset classes and regions.

Broadridge Financial Solutions (NYSE:BR) ha lanciato un servizio innovativo di analisi delle intuizioni basato su algoritmi alimentati dall'IA per NYFIX, con l'obiettivo di trasformare il trading algoritmico. Il servizio sfrutta la mappatura della liquidità in tempo reale per aiutare i gestori di fondi e i fondi speculativi a raggiungere una maggiore precisione nel trading e costi più efficaci.

Questa soluzione unica nel suo genere utilizza l'IA avanzata per analizzare dati pubblici e privati al fine di comprendere i paesaggi di liquidità, in particolare le location di riempimenti scuri. Fornisce avvisi in tempo reale e analisi durante le operazioni, consentendo ai trader di apportare aggiustamenti in tempo reale per ottimizzare le loro strategie di trading.

Sviluppato basandosi sulla ricerca di Jeff Alexander e Linda Giordano di Babelfish Analytics, il servizio è attualmente disponibile per i clienti di NYFIX Order Routing nei mercati azionari statunitensi, con piani per l'espansione ad altre classi di attività e regioni.

Broadridge Financial Solutions (NYSE:BR) ha lanzado un servicio innovador de análisis de algoritmos impulsado por IA para NYFIX, destinado a transformar el trading algorítmico. El servicio aprovecha la mapeo de liquidez en tiempo real para ayudar a los gestores de activos y fondos de cobertura a lograr una mejor precisión en el trading y eficiencia en costos.

Esta solución pionera utiliza IA avanzada para analizar datos públicos y privados con el fin de entender los paisajes de liquidez, particularmente los lugares de ejecución oscura. Proporciona alertas en tiempo real y análisis durante el comercio, permitiendo a los traders hacer ajustes en vuelo para optimizar sus estrategias de trading.

Desarrollado a partir de la investigación de Jeff Alexander y Linda Giordano de Babelfish Analytics, el servicio está disponible actualmente para los clientes de NYFIX Order Routing en los mercados de acciones de EE. UU., con planes de expansión a otras clases de activos y regiones.

브로우드리지 파이낸셜 솔루션즈 (NYSE:BR)는 NYFIX를 위한 AI 기반 알고리즘 분석 서비스의 혁신을 발표하여 알고리즘 거래를 변화시키고자 합니다. 이 서비스는 실시간 유동성 매핑을 활용하여 자산 관리자와 헤지펀드가 보다 나은 거래 정확성과 비용 효율성을 달성하도록 돕습니다.

이 독창적인 솔루션은 고급 AI를 활용하여 유동성 환경을 이해하기 위해 공공 및 비공식 데이터를 분석합니다. 특히, 어두운 체결 위치에 주목합니다. 거래 중 실시간 경고와 분석을 제공하여 트레이더가 거래 전략을 최적화할 수 있도록 비행 중 조정을 할 수 있게 합니다.

Babelfish Analytics의 Jeff Alexander와 Linda Giordano의 연구를 바탕으로 개발된 이 서비스는 현재 미국 주식 시장의 NYFIX 주문 라우팅 고객을 위해 제공되며, 다른 자산 클래스와 지역으로의 확장 계획이 있습니다.

Broadridge Financial Solutions (NYSE:BR) a lancé un service d'analyse des algorithmes innovant alimenté par l'IA pour NYFIX, visant à transformer le trading algorithmique. Le service s'appuie sur la cartographie de la liquidité en temps réel pour aider les gestionnaires d'actifs et les fonds spéculatifs à atteindre une meilleure précision commerciale et une efficacité des coûts.

Cette solution inédite utilise une IA avancée pour analyser des données publiques et privées afin de comprendre les paysages de liquidité, en particulier les emplacements de remplissage obscur. Elle fournit des alertes en temps réel et des analyses en cours de transaction, permettant aux traders de faire des ajustements en vol pour optimiser leurs stratégies de trading.

Développé sur la base des recherches de Jeff Alexander et Linda Giordano de Babelfish Analytics, le service est actuellement disponible pour les clients de NYFIX Order Routing sur les marchés d'actions américains, avec des projets d'expansion vers d'autres classes d'actifs et régions.

Broadridge Financial Solutions (NYSE:BR) hat einen bahnbrechenden Algorithmus-Analysetoolservice für NYFIX eingeführt, der darauf abzielt, den algorithmischen Handel zu transformieren. Der Service nutzt die Echtzeit-Liquiditätskartierung, um Vermögensverwaltern und Hedgefonds zu helfen, eine bessere Handelsgenauigkeit und Kosteneffizienz zu erreichen.

Diese neuartige Lösung verwendet fortschrittliche KI zur Analyse öffentlicher und privater Daten, um die Liquiditätslandschaften zu verstehen, insbesondere bei dunklen Füllorten. Sie bietet Echtzeit-Warnungen und Analysen während des Handels, die es Händlern ermöglichen, in Flügen Anpassungen vorzunehmen, um ihre Handelsstrategien zu optimieren.

Basierend auf der Forschung von Jeff Alexander und Linda Giordano von Babelfish Analytics wurde der Service derzeit für NYFIX Order Routing-Kunden auf den US-Aktienmärkten verfügbar gemacht, mit Plänen zur Expansion in andere Anlageklassen und Regionen.

Positive
  • First-to-market AI-powered algorithm insights service for trading optimization
  • Technology enables real-time trading adjustments and cost reduction
  • Built on proven research and proprietary insights
  • Planned expansion to additional asset classes and regions
Negative
  • initial availability to only NYFIX Order Routing customers
  • Currently restricted to U.S. equities market only

Insights

The launch of Broadridge's AI-powered algorithm insights service represents a significant technological leap in algorithmic trading. This pioneering system combines real-time liquidity mapping with advanced AI capabilities to optimize trading decisions. The integration of public and private data for understanding dark fill locations is particularly innovative, addressing a important challenge in modern trading environments.

The service's ability to provide real-time alerts and in-trade analysis enables dynamic strategy adjustment, a feature that could significantly reduce trading costs and improve execution quality. The scalable framework, initially focused on U.S. equities but designed for multi-asset expansion, demonstrates strong potential for market-wide impact. The collaboration with Babelfish Analytics veterans adds substantial credibility and expertise to the platform.

This development could significantly strengthen Broadridge's market position and revenue streams. The NYFIX service targets a important need in the buy-side market, particularly among asset managers and hedge funds seeking to optimize trading costs and execution quality. By being first-to-market with this AI-powered solution, Broadridge gains a competitive advantage in the algorithmic trading space.

The service's integration with existing NYFIX infrastructure provides a natural distribution channel and could drive increased adoption among current clients while attracting new ones. The potential for expansion into other asset classes and regions presents substantial growth opportunities. This innovation aligns with the industry trend toward AI-driven solutions and could contribute meaningfully to Broadridge's financial performance.

NEW YORK, Dec. 9, 2024 /PRNewswire/ -- To transform the landscape of algorithmic trading, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced the launch of an innovative AI-powered algorithm insights service for NYFIX. Driven by real-time liquidity mapping, the service is designed to empower asset managers, hedge funds, and other buy-side firms to achieve unprecedented accuracy, seamless workflow integration, and proven cost-efficiency.

"Algo traders will now have a quantitative, data-driven service to power critical trading decisions," said George Rosenberger, Head of NYFIX, Broadridge Trading and Connectivity Solutions. "By harnessing the power of AI and historical insights, we're giving our clients the tools they need to navigate complex markets with greater precision and confidence. This innovative solution not only optimizes trading strategies, but also reduces costs, making it an invaluable asset for the buy-side."

This is the first and only solution of its kind, using advanced AI to leverage public and private data to understand the liquidity landscape, particularly potential dark fill location. This approach identifies the ideal algorithmic execution for any given order, reducing outliers to improve overall trading costs. Traders benefit from real-time alerts and in-trade analysis, allowing for in-flight adjustments to stay aligned with their objectives, ensuring optimal strategy selection throughout the trading process.

The NYFIX service was developed based on decades of proven research from Jeff Alexander and Linda Giordano, whose pioneering work at Babelfish Analytics established the standard for understanding routing dynamics, analyzing venue liquidity, and optimizing algorithm selection. This collaboration brings together unique and proprietary trader-focused insights with the trusted and transformational technological capabilities and extensive distribution capacity of Broadridge, creating a powerful service to enhance the trader's ability to improve performance.

Available to NYFIX Order Routing customers in the U.S. equities market, the solution's framework is built to expand rapidly across other asset classes and regions, with future plans to extend access to clients on other Order Routing Networks.

About Broadridge

Broadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. 

Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries. For more information about us, please visit www.broadridge.com

Broadridge Contacts:

Investors:

Edings Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com 

Media:

Gregg Rosenberg
Global Head of Corporate Communications
Gregg.Rosenberg@broadridge.com 

Broadridge Logo. (PRNewsFoto/Broadridge Financial Solutions)

 

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SOURCE Broadridge Financial Solutions, Inc.

FAQ

What is Broadridge's new AI-powered algorithm insights service for NYFIX?

It's a first-of-its-kind service that uses AI and real-time liquidity mapping to help traders optimize algorithmic trading decisions, offering improved accuracy and cost efficiency.

When will Broadridge (BR) launch its new algorithm insights service?

Broadridge announced the launch of the service on December 9, 2024.

Who can use Broadridge's new AI algorithm trading service?

The service is currently available to NYFIX Order Routing customers in the U.S. equities market, primarily serving asset managers, hedge funds, and other buy-side firms.

What markets does Broadridge's new algorithm service cover?

The service initially covers U.S. equities markets, with plans to expand across other asset classes and regions.

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