New York, December 28, 2011 -- ConvergEx Group, a leading technology company, today announced that RealTick®, its award-winning execution platform, has wrapped up 2011 with a record number of new buy-side customer wins and a year of European growth that has outpaced all previous years. The number of new client firms live on RealTick grew by 17% globally and 28% throughout Europe.
“This has truly been a banner year for us. Since becoming a part of ConvergEx in January, we have seen an extraordinary level of new demand for RealTick,” said Stuart Breslow, chief executive officer of ConvergEx’s RealTick. “The expansion this year in our product functionality and customer-facing staff, combined with ConvergEx’s breadth of complementary capabilities, helped fuel our growth and contributed to our remarkable success this year.”
One of the biggest milestones of 2011 was the launch of RealTick 11, which offered greatly expanded multi-asset-class trading, integrated transaction cost analysis (TCA), expanded global broker and market connectivity and enriched mobile capabilities. RealTick also received two major industry awards in 2011, being named the Best Provider of Execution Management Systems (EMS) by Waters Technology and Best EMS by Buy Side Technology magazines.
RealTick is the industry’s premier global multi‐broker, multi‐asset class trading platform. RealTick’s ease of use, unsurpassed flexibility and fully configurable trader experience delivers intuitively integrated analysis, execution and evaluation solutions which provide the opportunity for improved trading performance and investment profitability.
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About ConvergEx Group
ConvergEx Group is a leading technology company providing mission-critical proprietary software products and technology-enabled services to asset managers and financial intermediaries globally. Its products and services span the investment life cycle and are designed to enable customers to achieve improved results through operational and workflow efficiencies, execution and analytical tools and highly personalized service. The firm serves customers accessing over 100 global markets. Formed in 2006, the firm has over 1,200 employees in 22 locations throughout the U.S., Europe, Asia, Australia and Africa.
ConvergEx Group includes ConvergEx Execution Solutions LLC (member NYSE/FINRA/SIPC); LiquidPoint, LLC (member CBOE/SIPC); G-Trade Services LLC (member FINRA/SIPC); Westminster Research Associates LLC (member FINRA/SIPC); Eze Castle Transaction Services LLC (member FINRA/SIPC); ConvergEx Prime Services LLC (member FINRA/SIPC); Eze Castle Software LLC; RealTick LLC; ConvergEx Research Solutions LLC, of which Jaywalk, Cogent Consulting and LDB are divisions; ConvergEx Limited in the UK and Australia; and ConvergEx Asia Pacific Limited in Hong Kong. ConvergEx Group, LLC is a subsidiary of ConvergEx Holdings, LLC. Additional information is available at www.convergex.com.