User talk:Litespeed8

TaaS Trading as a Service Trading as a service (TAAS) is a Financial Trading and support model in which professional financial organizations, such as Asset Managers, outsource a substantial areas of their portfolio monitoring, rebalancing, and trading executions by way of subscription or licensing agreement.

A simple analysis of Asset Managers responsibilities leads to the creation of Trading as a Service. These professionals are responsible for:

Sourcing, onboarding, and retaining clients. Managing client’s assets aiming for a good return while maintaining the risk to the lowest possible level. Administrating funds and their legal structures, reporting to clients, regulators, and financial authorities.

It is obvious that accomplishing simultaneously all these tasks successfully requires a large team and despite all the effort, results can sometimes be deceiving.

It became logical to develop systematic trading tools capable of handling some aspects of the trading process. But developing algorithmic formulas and market tracking system requires expensive technology and an impressive amount of markets expertise. Trading systems can be very costly to put in place. This is practically impossible for small to medium size companies. TAAS was instituted to fulfill that market segment.

TAAS concept was initially conceived and promoted by Charles Villeneuve, founder of Azzilon, who understood the above described challenge which faces Asset Managers. He foresaw that volatility, globalization, tighter regulation, increased competition, fees reduction and client’s expectation would make asset management increasingly demanding.

TAAS is a subset of the FinTech environment.

Providers construct an optimum environment / infrastructure whereby Financial trading is conducted without emotion and systematically.

TAAS service provision models are geared towards Asset / Fund Managers, Mutual funds, and Family Offices.

Firms desiring increased focus on Business Development or facing qualified manpower challenges or ability to generating profits on a sustainable basis are prime candidates for TAAS. Some Boutique Funds allocated all or specific portfolios to TAAS service providers. TAAS agreements typically include full oversight responsibility to manage trading and execution entirely. TAAS service providers are bound by the terms of agreement and usually remunerated based upon performance aligned to the client agreement. The entire Portfolio model encompassing risk parameters, instrument components, portfolio volatility, etc. is usually structured on a bespoke basis. TAAS providers remain unknown to the Asset managers client base as TAAS does not need to interact or face end clients at any stage of the agreement. TAAS providers typically originate from Institutional Capital Markets, Coding, Hedge Fund, or Asset Management environments. The underlying Alpha generation may or may not originate from Algorithmic trading systems. It may also use Thematic Investment Portfolio Services, such as TIPS, developed for CIMB Securities in Singapore, or any other intelligent predefined set of trading conditions and account criteria. TAAS providers obviously need to have extensive industry domain knowledge and an extensive network within Institutional Financial Trading environments.

WIKIPEDIA & INVESTOPEDIA (CONTENTS)

1History 2 Distribution 3 Pricing 4 Architecture 5 Characteristics 5.1Configuration and customization 5.2 Accelerated feature delivery 5.3 Open integration protocols 5.4 Collaborative (and "social") functionality 6 Adoption drivers 7 Adoption challenges 8 Emerging trends 8.1 Financial applications 8.2 General applications 9 Data escrow 10 Criticism 11 See also 12 References