SOURCE: S3

S3

June 02, 2016 08:00 ET

S3 Signs Leading U.S. Retail Broker to Its Best Execution Analytics Platform

AUSTIN, TX--(Marketwired - Jun 2, 2016) - S3 ("the Company"), a financial services software company that provides customized solutions to monitor and analyze trade execution, today announced that it has signed a major U.S.-based retail broker to its Best Execution Analytics software platform, for both equities and options. This is the fourth large retail broker that S3 has added to its system in 2016 alone, representing the ongoing and significant growth of its client base.

S3's proprietary Best Execution Analytics platform provides clients with the requisite information to understand where and when best execution occurs, and thereby improve their trading operations. Additionally, S3's analytical tools simplify the reporting process, allowing customers to better comply with regulatory mandates including SEC Rule 605 and 606. The Company continues to expand its staff, implement major enhancements to its product offerings, and increase its back-end bandwidth to support those retail brokers, market makers, exchanges, broker-dealers, banks and institutions utilizing its market structure analytics platform.

Mark Davies, CEO of S3, commented on today's news, "Execution quality analysis is increasingly critical in today's complex market given the multitude of available trading venues. S3's Best Execution Analytics platform will provide the recently signed retail broker client with the data necessary to understand market conditions impacting execution quality as the firm seeks to achieve the highest trade value on behalf of its customers. We continue to experience record growth in 2016, and in support of our rapidly expanding client base we improve the functionality of our best execution analytics tools as market conditions, and execution quality considerations, shift on an ongoing basis."

S3's trade execution analysis software is fully customizable for each client from the outset of engagement. The Company implements and tailors its software to the exact specifications of both new and existing customers, whether they seek insight into those factors impacting best execution or a streamlined, and fully compliant, regulatory reporting process. S3 continually updates its product portfolio according to the unique needs of its client base and the larger market, and recently added execution quality analysis functionality for fixed income securities in direct response to customer feedback.

Mr. Davies concluded, "We provide unique solutions for a variety of different market participants, and the ability to customize our services in support of every client's needs is crucial to ensure that each customer is armed with execution quality data that is most applicable to their business. Our software tools allow customers to understand those factors impacting best execution at a deep level through detailed data analysis, ensuring more efficient trading and a fairer market environment. We look forward to continued success in 2016, which has already been a banner year for S3, and to unveiling further enhancements to our market structure analytics platform in the coming months."

For more information please visit: www.S3.com.

About S3
S3 is a financial services software company that provides customized solutions to monitor and analyze trade execution, facilitate transparency, and simplify regulatory compliance for options, equities, and fixed income securities. The Company's products are used today by many of the world's largest financial institutions, broker-dealers, exchanges, bulge bracket and retail banks, and market makers to deliver market structure analytics and best execution reporting. S3 leverages its proprietary software to provide third-party trade verification and optimize trade execution for both the U.S. and Canadian markets.

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