Forex markets are becoming more electronified and participants are more diversified. Combine that with the explosion of trading venues and the FX market is today more complex and fragmented than ever before. With so many execution options out there and better data to judge the performance of their brokers, clients are demanding better executions, more transparency, and higher levels of service.
The key to profitability is happy customers and their order flows, and the most successful firms today are data-driven and customer-centric. They analyze more data faster and better than their competitors to provide real-time, custom-tailored services to their best clients.
Trading firms use Panopticon to gain visibility into their customers' trading behaviors by reviewing historic activity and analyzing current trading patterns for anomalies.
Portfolio managers can move away from blotters of RFQs that limit visibility, to a comprehensive view of their flow by book, instrument, client, time period, or any combination of these parameters. They can identify problems in seconds and optimize client flow continuously.
You can compare today's live cumulative flow to historical averages to identify problem performance, analyze historic customer flow for trends and unusual performance, play back through past activity to identify problem areas for future optimization, and analyze flow across different categories; review correlations, clusters, trends, and performance of outliers.