BTON Financial, a data-driven, automated trading platform that is designed to help asset managers optimise their workflow and achieve better outcomes, has announced Andra AP-fonden (AP2), one of northern Europe’s largest pension funds, has decided to use BTON Financial to improve its trading performance.
BTON Financials unique Smart Broker Router uses machine learning to identify the optimal execution algorithm for each specific order, leveraging a deep set of TCA data collected from previous trades across the customer base. This data-driven approach helps AP2 make more informed, statistically relevant decisions that can preserve alpha and improve fund performance, the firm says.
The firm writes that AP2’s decision to work with BTON Financial is a testament to the platform’s ability to provide a solution that addresses the challenges that many firms are facing in today’s market.
“At AP2, we are trying to be in the fore front when it comes to investment solutions. Therefore, I think the platform solution BTON offers in terms of automation based on machine learning suits us very well. In finance, the integration of data and technology is inevitable and undeniable. It will drive the industry forward and provide a competitive advantage for those who embrace it,” says Mathias Eriksson, Senior Trader of AP2
“We are thrilled to work with AP2, a leader in the asset management industry. At BTON Financial, we are committed to revolutionising the way that asset managers approach trading and by working with AP2, we have an opportunity to make a real impact on the industry. Together, we show that asset management firms can collaborate whilst remaining in competition with each other,” says Dan Shepherd, CEO of BTON Financial.
