SOURCE Abel Noser Solutions
NEW YORK, Sept. 30, 2013 /PRNewswire/ -- Abel Noser Solutions, a leading provider of trade cost analysis (TCA) software, announced today that they have received their second patent related to the analysis of portfolio returns and trade cost measurement. Patent number 8,489,490 covers computational processes that support trade cost analysis practices.
Demand for trade cost analysis technology and services is growing rapidly as more investors seek to better understand the factors that impact investment performance, and as traders adopt innovative technologies to streamline operations and lower costs.
"We're pleased to have earned this patent for technology that we developed during our decades-long history of leadership in the field of transaction cost analysis," said James Noser, President of Abel Noser Solutions. "Our efforts to understand the factors that impact trade implementation have resulted in widely used industry standards."
Abel Noser Solutions also owns patent number 7,739,170 that applies to technology used to reconcile trading costs at different levels of aggregation. Patent 7,739,170 was originally filed in February 2002.
About Abel Noser Solutions
Abel Noser Solutions provides pre-trade, real-time and post-trade cost analysis tools to institutional investors through a network of third-party resellers. Each day, Abel Noser Solutions collects data from over 500 investment firms and records trading data for over 20,000 stocks that trade on over 100 exchanges to provide a comprehensive view of trading activity. Clients receive actionable analysis at every point in the trade lifecycle and on average pay commissions that are 44 percent lower than industry benchmarks.
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