IHS Markit Selected by Hermes Investment Management for Transaction Cost Analysis

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that Hermes Investment Management has selected its Transaction Cost Analysis (TCA) platform.

“The codification of best execution as a fiduciary obligation is a major challenge for asset managers,” said Michael Richter, director of trade analytics at IHS Markit. “Firms will need to think about best execution analysis and TCA as essential parts of their risk management process, particularly as execution analytics expand in fixed-income and move from post trade to the entire trade lifecycle.”

The TCA service from IHS Markit is an independent, multi-asset analysis platform that combines execution, algorithmic, venue and smart order router analytics.

The service provides actionable insight to brokers and asset managers to evaluate the quality of their trade execution, by analyzing order routers for efficiency in finding liquidity, venues for fill probability and opportunity costs and order types for information leakage and market impact.

About IHS Markit (www.ihsmarkit.com)

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 85 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

IHS Markit is a registered trademark of IHS Markit Ltd and/or its affiliates. All other company and product names may be trademarks of their respective owners © 2017 IHS Markit Ltd. All rights reserved.

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