Learn how Kepler Cheuvreux adopted Opensee's trade management and execution analytics solution.
Paris, 23rd February 2023 – Kepler Cheuvreux, the leading independent European financial services company, is the first financial institution to adopt Opensee's cloud service for trade management and execution analytics. Kepler Cheuvreux, through its Execution activity KCX, will deploy the solution developed and tailored to its needs by Opensee, the leading platform providing financial institutions with multi-dimensional, real-time access to their data.
The solution enables users to conduct unlimited independent analysis of all their internal and third-party trading data, with tools to identify the drivers of performance and how to achieve optimal trade execution at lower costs. Kepler Cheuvreux intends to offer the service to its clients after an initial phase of internal use.
Chris McConville, Global Head of Execution Services & Trading at Kepler Cheuvreux, said: “KCX is constantly on the hunt for technology that delivers a competitive edge. We were among the first to identify the massive potential Opensee’s platform offered in taking trade analytics to the next level. Our clients will gain fast, actionable intelligence without relying on us to intermediate. This solution brings full transparency, adds value to our service and allows us to forge better client relationships."
The technology partnership on trade analytics confirms Opensee’s product roadmap, outlined in December, as the company branches out from implementing its solutions on-premise or on clients’ Private Clouds by offering a full SaaS deployment for a large variety of use cases. The strategy is to give banks, asset managers, hedge funds and brokers access to data at scale with embedded analytics for use cases including market and credit risks, liquidity management, trading analytics, and ESG.
Stephane Rio, Founder and CEO of Opensee, said: “Our long-standing cooperation with Kepler Cheuvreux is an important step in enabling all financial institutions to manage their trading data stack challenges as their volumes of data grow exponentially. We want to provide high performance tools that allow users to source valuable business intelligence for more informed decision-making, to identify opportunities for a competitive advantage or to respond better to client needs.”
While many financial institutions are constrained by legacy data architecture, Opensee’s platform gives users the ability to explore 100% of their data at the push of a button, without limiting the size, history or granular detail. For legacy systems this can typically take at least a day and users are obliged to compromise on the dimensions of the data they require.
The Opensee platform’s sophisticated calculators and embedded analytics complement full data access, enabling Front Office, Risk and Finance managers to manipulate the harnessed data for intelligence in a variety of use cases. Tier 1 banks currently use the Opensee platform for analysis and the production chain of regulatory reporting in capital markets, liquidity and capital reporting by finance departments. Asset managers, hedge funds and brokers use it for analysing and enhancing trade execution.
Anvar Karimson, Kepler Cheuvreux’s Chief Technology Officer, said: “Through our partnership with Opensee, we have developed a tailored solution that meets the needs of KCX and our clients, delivering granular visibility into trade performance with real-time actionable insights. Opensee and KCX are fully committed to continuously improving the performance of our Execution Analytics solution, ensuring that we meet the high expectations of our clients and providing them with the insights they need in a continuously evolving market landscape.”
About Kepler Cheuvreux
Kepler Cheuvreux is a leading independent European financial services company that specialises in Research, Execution (KCX), Fixed Income & Credit, Structured Solutions, Corporate Finance and Asset Management. The group employs around 600 people and is present in 13 major financial centres in Europe and the US: Amsterdam, Brussels, Frankfurt, Geneva, London, Madrid, Milan, New York, Oslo, Paris, Stockholm, Vienna, and Zurich. For more information, please visit the corporate website https://www.keplercheuvreux.com/en/about-us/
About Opensee
Opensee democratises multidimensional Data Analytics for Financial Institutions allowing financial institutions to leverage 100% of the risk, liquidity, trading, market and ESG data in their core banking functions. Opensee offers the only platform providing risk managers and front office users a single solution for enhanced data analysis, empowering them to explore real time unlimited amounts of data down to the most granular level. Opensee enables institutions to lower their infrastructure costs, to gain competitive advantage and to unlock vital business-user-led opportunities. For more information, please visit our website www.opensee.io or follow us on LinkedIn and Twitter