IntelligentCross' JumpStart
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FactSet’s Portware and Jefferies First to Launch IntelligentCross JumpStart, Linking Buy-Side EMS and U.S.’ Top ATS by Volumeⁱ
Globenewswire· 2025-09-25 12:00
Core Insights - FactSet has launched IntelligentCross' JumpStart functionality within its Portware EMS, enabling buy-side traders to access brokers' low-touch liquidity directly, making it the first in its competitive set to offer such integration [1][2] Group 1: Product Features and Benefits - The JumpStart technology allows buy-side traders to select and interact with desired liquidity while minimizing information leakage, enhancing confidentiality for both parties [4] - IntelligentCross ATS utilizes artificial intelligence to improve order matching and price stability in US equities, reducing market impact and adverse selection risks [3][4] - The integration provides institutional traders with efficient methods to locate high-quality liquidity without compromising on signaling risks, thus enabling smarter trading [3][6] Group 2: Collaboration and User Insights - The collaboration involved FactSet, IntelligentCross, and Jefferies, with Harris | Oakmark providing user insights and testing during the development of the JumpStart functionality [2][5] - Harris | Oakmark's institutional investment professionals are the first users of the new offering, emphasizing its significance in enhancing trading efficiency and alignment with investment objectives [5][6] Group 3: Company Overview - FactSet is a global financial digital platform that integrates proprietary financial data and technology to deliver tailored solutions across various sectors, serving approximately 9,000 global clients [7]