As part of the Finalto Broker Series, this month Finalto is exploring how data can be an important part of a broker's toolkit。Finalto spoke with its marketing data sales and distribution manager, David Hastings, to gain insight into how people and businesses can benefit from data and how it can be used to help organisations meet their fiduciary responsibilities.。

Asset managers can use and benefit from Finalto's market data in a number of different ways。First, use it to verify the market trading position of specific currencies executed as a result of portfolio rebalancing, helping them achieve optimal execution requirements。Second, to obtain market price intelligence, which is used to understand the actual trading situation in the market.。This information may indicate the sentiment and direction of market movements and help determine the timing of execution。Since Finalto is independent and is not part of the asset management company's executive team, it can accurately provide market trading positions, thereby harvesting fair trading signals。

Why Asset Managers Want Optimal Execution？Asset management companies have a fiduciary responsibility to achieve optimal execution。Execution at the correct market price is one of the key elements of this process, and Finalto's independent verification rate will be a way to document this process。The FCA's focus is on optimal execution within the asset manager, and at some stage it may become part of its guiding policy, so it is important to start achieving this goal as soon as possible。

How data can help asset managers assess trends？Data is important to asset managers in many ways。If the asset manager has an ALGO execution strategy in the execution desk, Finalto's anonymous customer execution may benefit them in the backtesting model。Finalto's anonymous customer execution data is real customer execution data, with all identifying information removed, so it accurately reflects trading behavior and is ideal for algorithms。This data provides insight into market trends because it provides historical real-time execution data, which, if used as part of the calculation of the execution algorithm, will help determine when to go to market.。

What data can Finalto provide to asset managers？Finalto offers a full range of products, including real-time and historical data engines。Assets include Forex, Cryptocurrencies, Metals, Indices and Stocks。Alternatively, a subset of data can be provided as required by asset management。

What Makes Finalto's Data Competitive？Market-leading data is where Finalto stands out。Finalto has 10 years of experience in providing retail and institutional sources, including execution and historical data, with very high daily trading volumes。Finalto also covers a wide range of tools including Forex, Cryptocurrencies, Metals, Indices and Stocks; Finalto Data helps you focus on global markets。

How regional banks use Finalto's market data？Regional banks that are just beginning to adopt e-pricing strategies can use Finalto market data prices to validate and sanity check prices, generate and provide them to customers and market participants.。This extra layer of security helps prevent the wrong price and avoid potential losses。