Know exactly what every liquidity provider is costing you.
Slippage attribution, LP scoring, spread markup optimisation and best-execution reporting — the intelligence layer for how your book actually gets filled.
For brokerages and prop firms running multi-LP setups where execution quality directly moves margin.
Why firms come to us for this.
Everyone has opinions about which LP is best on which symbol; nobody has the numbers weekly.
You know the number; you don't know whether it's the LP, the bridge, the client, or the market.
Spreads are set once per quarter; the market and cohort economics move constantly.
What we actually build for you.
Every engagement is bespoke — but the underlying architecture follows the same layered pattern. Owned by you, deployed on your infrastructure.
What ships in the box.
Per-LP, per-symbol fill rate, slippage, rejection rate and cost-per-million — updated continuously.
Decompose every basis point of slippage into LP, bridge, latency, client behaviour and market conditions.
Cohort-aware markup recommendations that respect competitiveness and margin targets.
Regulator-ready best-ex reports generated on demand, not assembled from screenshots.
Continuously refined smart-order-routing rules driven by real execution outcomes.
The true landed cost of a million dollars of flow, per venue, per cohort.
Often built alongside.
Scoping a build for a brokerage, wealth firm or fintech?
We take a small number of new engagements each quarter. Send a two-line brief and we'll respond within 48 hours.