Transaction Cost Analysis
Turn execution data into actionable insight with a TCA layer designed to reveal hidden costs, compare counterparties, and improve treasury and FX decisions.
Without TCA
Without structured execution-cost analysis, treasury and FX decisions often rely on estimates or habit. Pricing gaps remain invisible, counterparties are difficult to compare, and optimisation opportunities go largely unused.
This lack of visibility prevents teams from identifying inefficiencies, improving strategies, and managing financial performance effectively.
With TCA
iTreasury TCA brings transparency to execution costs and transaction quality. By comparing performance with market benchmarks and analysing counterparties, you identify gaps and specific opportunities to improve.
Transaction Cost Analysis
Analyse FX execution quality in detail, identify pricing gaps, and objectively measure counterparty performance.
- Monitor traded volumes and measure the real slippage of every transaction by currency pair.
- Compare execution spreads with market benchmarks and identify gaps pair by pair.
- Evaluate and rank counterparty performance using objective, measurable criteria.
- See the complete cost breakdown: bank spread, slippage, and implicit fees.
Simulation & Hidden Costs
Replay historical data, measure missed opportunities, and reveal specific ways to optimise operations.
- Simulate alternatives using historical data and measure what could have been gained.
- Detect invisible costs: slippage, unchallenged spreads, and order fragmentation.
- Compare actual costs with the optimal scenario and real-time market benchmark.
- Precisely quantify optimisation opportunities across hedging, investments, and bank fees.
See iTreasury
in action
See how iTreasury helps teams analyse execution quality, compare counterparty performance, and identify practical ways to optimise transaction costs over time.
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