Single-dealer platforms were assessed in terms of multi-asset product offering, connectivity, execution and usability. The performance of the platforms were judged by end users, including private banks and wealth managers.
Other platforms considered were:
– Autobahn – Deutsche Bank
– BARX FI – Barclays Capital (built using Caplin Trader)
– MarketDirect – Royal Bank of Scotland (built on the Caplin Platform)
– Matrix – Morgan Stanley
The technology behind the PIN platform, was developed by US firm InterDealer Trading Solutions.