Institutional FX Advisory Partners (IFXAP) today announced that it has partnered with ITG Analytics to bring ITG’s award-winning FX TCA product to middle-tier asset managers and pension funds in Europe. 

The new IFXAP consultancy service will review the complete FX transaction lifecycle to ensure an efficient and transparent process, seeking to minimize cost and risk and maximize portfolio performance. The consultancy covers the entire FX trade lifecycle, including use of third-party trading platforms, data delivery and connectivity, assessment of pricing and service provided by FX dealers, evaluation of front and back office process efficiency, and monitoring of execution costs using ITG’s FX TCA.

“We are extremely excited about the opportunity to partner with ITG’s award winning FX TCA product. This unique combination brings together the depth of knowledge and experience of IFXAP’s specialist FX consultancy services with the breadth and flexibility of ITG’s FX analytics to deliver practical solutions to the many challenges asset managers and financial institutions currently face” said Henry Wilkes, Founding Partner at Institutional FX Advisory Partners.

Also commenting on the new consultancy service, Kevin O’Connor, Managing Director at ITG Analytics, said “we are pleased to be working with IFXAP as they strive to provide increased transparency and efficiency to foreign exchange trading by asset managers and pension funds. This arrangement demonstrates the power and flexibility of FX TCA, which is built on the industry’s largest database of foreign exchange transactions.”