BidFX launches Data and Analytics suite for FX trading

BidFX has nnounced the launch of BidFX Data and Analytics. This new offering is the latest addition to BidFX’s powerful suite of offerings for financial institutions

March, 2021

Daniel Chambers
Daniel Chambers

BidFX has nnounced the launch of BidFX Data and Analytics. This new offering is the latest addition to BidFX’s powerful suite of offerings for financial institutions, which includes an EMS platform, risk and compliance modules and transaction cost analysis (TCA). With this expansion, banks, hedge funds and asset managers can access tools to manage the collection and cloud storage of client-specific liquidity streams, as well as monitor composite rates across multiple FX products.

“The ability to efficiently harness, normalise and analyse FX data has become increasingly vital for refining execution strategies and evaluating counterparties,” said Daniel Chambers, BidFX Global Head of Data and Analytics. “The launch of this product arms our clients with tools to provide valuable insights in real time. Today, having a secure platform is not enough; traders need access to fast and reliable market data and analytics.”