This is the simplest layer and creates metrics for the trade performance against standard benchmarks.
Transaction cost analysis
Our quantitative TCA has many unique proprietary metrics including market impact and information leakage.
This component analyses the performance of a trading algorithm given the market environment.
Liquidity Provider ranking
We compare the relative metrics of all the venues where trades are executed to propose optimal trading allocations.
This component has a suite of analytic tools to detect that trading occurs according to the Codes of Conduct.
The top layer in the Raidne suite contains our most sophisticated algorithms to detect market manipulation and abuse using
Raidne is an independent company offering proprietary surveillance algorithms to monitor market manipulation and market abuse. We help financial firms fulfil their monitoring and surveillance requirements under MiFID II and MAD II. Raidne algorithms have strong quantitative methodologies and analyse the market microstructure to spot sophisticated manipulation attempts and flag warnings for firms to investigate.