A good analytics platform combines reliable data resources, advanced analytical processing, and integrated workflow tools to help you address the wildest demands of modern finance. They help professional traders to get rid of manual processes and transform data insights into decisive, profitable actions. It ensures superior risk management and enhanced strategic decision-making across all asset classes.
Leading Analytics Platforms to Boost Trading Desk Performance
If you’re looking for ways to improve your trading desk performance, here are some of the best platforms you can use.
Allasso Copilot
Allasso Copilot offers the highest-speed complete options analytics in derivatives, all intuitively and in one platform. It has 20+ years of data trained on the world’s best commodities market data.
Key Features
- Comprehensive Analytics: Copilot’s complete options analytics provides you with instant answers on a wide range of complex structures to end repetitive manual tasks.
- Backtesting
- Historical analytics
- Complex scenarios
- Generation of ideas
- Comprehensive risk management
- The platform offers 360° awareness of the value, risks, rewards, and market positioning.
- It sets timely alerts on pricing, implied vol, or volume.
- They source best-in-class, highly reliable, proprietary data from exchanges, third parties, and brokers.
- You can easily export the trade decks, which means you can propose and share them with colleagues.
- Supports sharing trades with colleagues and maintaining a transparent audit trail with comments and tagging for smooth team collaboration.
- Their founding team has poured over 50 years of trading experience into the Copilot.
- The solution is ISO/IEC 27001:2022 certified.
Additional Features
- It uses API-first, web-based interfaces to help support data science in trading, which is quite a different approach from that of many legacy systems.
- Comes with dedicated applications like the Option Changes Heatmap (in the Unlimited tier) to aid in brainstorming and generating trading ideas.
- Its Advanced Risk Metrics include Basic Risk Metrics, Value at Risk (VaR), PayOff analysis, and Scenario testing (in Copilot Pro and above).
- It also offers advanced historical implied volatility (IV) analysis, including Skew, Smile, Realized vs Implied volatility, and Volatility Seasonality to help you better grasp market dynamics.
Bloomberg Terminal
Bloomberg Terminal provides quality data, analytics, and access to a global community to help you with your decision-making processes.
Key Features
- The Terminal offers full coverage of different markets, industries, and firms of various asset classes.
- They offer proprietary and third-party research along with comprehensive analytics.
- The platform enables you to collaborate smoothly not only within your firm but also with a wide international network of 350,000+ powerful decision makers.
- They also offer integrated execution & order management features and comprehensive pre- and post-trade analytics for effective decision-making.
- The 350+ research professionals at Bloomberg Intelligence provide exclusive outlooks and interactive data customized by industry and geographic region.
Additional Features
- Their Multi-Asset Risk System (MARS) comes with many risk management tools, powered by Bloomberg’s pricing library.
- You can use the Ex-Ante and Ex-Post Models to compare predicted and realized risk results across asset classes in real time.
- It includes pre- and post-trade surveillance, record-keeping, and regulatory reporting to help you manage trade surveillance and risks.
- The Rule Builder (RBLD) enables fixed-income execution traders to build rules for completely automated trading.
- The FX Electronic Trading (FXGO) provides access to deep liquidity and numerous features for executing spot, outrights, swaps, NDFs, deposits, and options in different currency pairs.
- The execution management (EMSX/TSOX) integrates algorithmic trading, pre-trade analytics, and charting into the Order Management System (OMS) workflow.
LSEG Data & Analytics
LSEG Data & Analytics (London Stock Exchange Group) is another major analytics platform that helps with trading desk performance by providing data, analytics, and integrated workflow solutions.
Key Features
- Comes with an end-to-end, next-generation FX workflow that you can customize.
- Gives highly relevant, timely, and fast trading cues.
- AlphaDesk ensures a multi-asset class Order Management and Portfolio Management System (OEMS/PMS) that’s great for the buy-side.
- REDI on Workspace combines market data, orders, and execution management in a single platform.
- Autex Trade Route is another FIX-based order-routing solution for the buy-side that works globally.
- Ensures high-quality, open, cloud-collaborative market data and feeds.
- With their AI, you can transform data into relevant actionable insights that can help with custom analytics.
Additional Features
- LSEG is the only provider of Reuters news to the financial marketplace.
- The Deal Tracker offers tracking for every trade on the biggest FX platforms.
- Gives access to cross-asset data, analytics, and indices.
- LSEG Workspace is an open ecosystem that helps with interoperable and collaborative workflows.
- The Microsoft Partnership ensures AI-ready data, cloud features, and analytics to help reshape how financial services are built, delivered, and experienced.
Murex MX.3
MX.3 is an integrated capital markets solution that helps break silos between front, finance, risk, and operations.
Key Features
- It covers treasury, trading, and investment activities.
- Provides a huge catalog of over 350 ready-to-use payoffs and APIs that can help you build, price, and process custom payoffs.
- It covers clearing, collateral, market, trade reporting, liquidity risk, and counterparty credit.
- Its risk modeling and performance analysis are integrated into the investment decision cycle (which is quite useful for complex derivatives).
- It automates and enhances the value chain to improve straight-through processing rates.
- It is built around a unique Investment Book of Record.
- Leverages an 80/20 strategy to quickly onboard new desks.
- Covers many IT strategies, including IaaS, PaaS, XVA as a service (XVAaaS), and SaaS, with full or hybrid cloud deployments.
- Has experience across 65 countries.
Summing Up
What’s so great about these platforms is that they can simplify complexity and deliver actionable intelligence. Whether a platform is good for you or not depends on what you’re looking for: is it its ultra-fast, specialist derivatives analysis, comprehensive cross-market data, or flexible, AI execution workflows?
By making use of these technologies, trading teams are positioned to boost efficiency, enforce compliance, and maintain a competitive advantage by turning real-time market insights into consistent operational excellence.
