Execta™ Premium and Execta ™ Infrastructure.

Execta is our flagship product and the industry’s most powerful portfolio management and trade-execution platform. The platform is written in optimized C++ and has the highest event-processing capability in the industry. Execta is user-friendly and fully customizable. Our Customers include traditional investment managers, hedge funds and sell-side broker-dealers.

Some of the capabilities and highlights of the Execta platform: include :

• Access to all major algorithmic/program desks, sell-side traders & dealer desks, DMA pipes and floor-brokers
  
• Broker Neutral
  
• Supports multiple asset classes including equities, equity-linked securities e.g. convertibles, options, futures and foreign exchange spots and forwards
  
• Automatic short locate and position management
  
• Includes pre-packaged Algorithms which can be easily customized. Clients can also develop and test their own algorithms and trade ideas.
  
• Pre-configured customizable strategy automation templates speed deployment of your workflow.
  
• Real-time risk management and exposure controlled trade execution
  
• Tick data base simulation and testing engine
  
• TCA module for pre-trade, post-trade and real-time analysis and control
  
• High Performance Scripting & Performance Monitoring toolkit
  
• Robust and comprehensive API
  

Execta™ Infrastructure

Execta™ Infrastructure is Tethys core EMS software platform offered as a scalable software solution for users who wish to customize the application in-house. Execta™ Infrastructure gives developers and traders a high performance architecture and open API to integrate easily with quantitative models, external analytics as well as offering the option to build custom templates in the Execta scripting language.

ASP

Tethys offers both Execta™ Infrastructure and Execta™ Premium in a high performance hosted delivery. Rapid deployment, low latency access to markets, and connections to most major dealers and execution destinations are some of the reasons our hosted solution is chosen by seventy percent of our buy-side and sell-side customers.

Total TCA™

Our approach to transaction cost management focuses on assisting traders and portfolio managers to identify actionable steps on a pre-trade and real-time basis that will reduce both the magnitude and variance of transaction costs. In addition, traders and portfolio managers receive information that helps them evaluate trends in transaction costs and areas of strength and weakness. Our approach is unique and based on proprietary research and tested against tens of thousands of actual orders. We avoid the usual pitfalls of the conventional top-down approaches.

MktImpact™

We offer our market-impact model through a stand-alone library. It is very important that transaction-costs be taken into account during portfolio construction or rebalance. Our market-impact models allow you to evaluate various execution scenarios and may be included in a number of different ways into your portfolio construction process. An important distinguishing feature of our market-impact models is that the assumptions underlying the models take into account the ‘real-world’ (e.g. no normal distributions etc.) and the prediction results are tested against hundreds of thousands of actual orders.