Datawatch Panopticon provides real time streaming analytical dashboards for live monitoring, plus intra-day and historic analysis. Together, Panopticon and AquaQ Analytics are providing customers with the HTML5 analytics technology and expertise required to discover trading anomalies in real-time and investigate order executions for faster and more informed decision-making.
Example Use Case : Best Execution – The Impact of MiFID II
The latest EU legislation – The Markets in Financial Instruments Directive II (MiFID II) regulates investment firms providing services to clients linked to financial instruments and the venues where those instruments are traded.
The legislation specifically addresses the enforcement of best execution requirements ensuring firms take all sufficient steps to obtain the best possible result for their clients.
Datawatch Panopticon & AquaQ helps organizations adhere to this new legislation while simultaneously improving broker-client communications.
Intra-day / Real-Time Analysis
Effective analysis of best execution, transforms delivery from a regulatory compliance cost, to a significant opportunity to improve strategy efficiency. This typically requires going beyond annual and quarterly regulatory reporting, to intra-day and real-time Transaction Cost Analysis (TCA), closely aligned e-trading teams.
Execution Quality and Transparency
Best execution is achieved through exploratory analysis tools supporting the ongoing optimization of execution quality. Panopticon allows both buy & sell side to answer this need by enabling users to efficiently extract insight from a variety of key data assets particularly as more flow is delivered through algorithmic high-frequency trading across multitudes of distinct liquidity pools, offering different pricing, depth, execution probability and latency.
Full Value Gained Through Data Visualization
It’s easy to be overwhelmed with vast volumes of data pre, post and during trading from both the executions themselves and the underlying market data across all accessible venues. Panopticon allows users to quickly process and understand their data assets, conduct rapid analysis and decrease latency when it comes to insight-driven decision making.