Townsend Analytics

From MarketsWiki
Jump to: navigation, search
RSM Banner 400x90.gif
Townsend Analytics
Townsendlogo.gif
Founded 1985
Headquarters Chicago
Products Multi-asset class, broker-neutral platform, data, and other services

Townsend Analytics created technology-driven solutions for the global capital markets comprising four core areas: trading services, data, exchange services and portfolio and risk services. Townsend's business is primarily aimed at the institutional trading community. It was acquired by ConvergEx Group in 2010.

History

  • December 2010 - RealTick is acquired by ConvergEx Group, a leading technology company providing mission critical software and technology-enabled services to asset managers and financial intermediaries globally.[1]
  • 2008 - Townsend Analytics is acquired by Barclays Group and is an independently operated and wholly owned subsidiary.
  • 2005 - Townsend Analytics is acquired by Lehman Brothers and is an independently operated as a wholly owned subsidiary.[2] Townsend became a wholly owned, independently operated subsidiary of the Wall Street giant.

Products and Services

Trading Services

Services included [3]

  • Townsend Analytics’ flagship institutional product was RealTick EMS (Execution Management System). It is a multi-asset (global equities, futures, options, ETFs, bonds, FX, and synthetic equities), multi-broker, multi-routing and multi-regional market data, analytics and direct-market-access (DMA) trading platform.
  • Broker-dealer connectivity to multiple asset classes
  • Portfolio/trade order management tools
  • Real-time and customizable trading and order-entry tools for algorithmic trading
  • FIX flow - trade capture & order routing
  • Mid- and back-office reporting tools
  • Regulatory reporting tools
  • Training & documentation

Content & Data Services

  • Townsend Analytics Market Data
  • RealTick Data Display Solutions
  • News
  • Enterprise Wide Data-feeds solutions
  • Analytics
  • Research (Independent – 3rd Party- Sell Side)
  • Data API Interface

Content & Data Services - Front Office

  • Broker/manager desktop
  • RealTick Market Data Terminal(s) - quotes, charting, research, news, trading/order entry applications, and pre-trade/post-trade analytics

Content & Data Services – Middle & Back Office

  • RealTick Market Data Terminal- Account information, trade data.
  • Reference Data
  • Order Management Tools - View net positions and daily blotters.
  • Enterprise Wide Data Feeds
  • Broker/dealer extranet - web based trade and order management tool for the broker dealer.

Key People

References

  1. ConvergEx to buy RealTick. Securities Technology Monitor.
  2. "Lehman Brothers Acquires Townsend Analytics,” Dec. 22, 2005. FinanceTech.com.
  3. Trading Services. Townsend Analytics.