Our Clients
Services for Banks
Offering banks a solution to first and second lines of defense
The SIREN FX Algorithm Reference Rate (SAAR) allows Banks to assess their FX Algorithm performance and enables and offers transparency to their clients around the performance of their product. SAAR also provides a useful tool to firms Risk and Compliance teams to measure best execution and demonstrate that they are treating customers fairly.
The product simply requires the bank to provide relevant currency pairs, start and end times, and SIREN FX can provide insightful analysis via our API.
Services for TCA Providers
Offering a further dimension to TCA client services
The SARR product addition to the TCA reporting package, adds an important element to firms who provide TCA services. By including SARR within that reporting it enables their clients to contrast and compare, and thus to assess the effective performance of their Algorithm execution strategy .