S3 Signs Major U.S. Bank to Its Trade Execution Analytics Platform

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Company Now Counts Three of the Four Largest U.S. Retail Banks as Clients Utilizing Its Market Structure Analysis Tools

AUSTIN, TX–(Marketwired – Oct 15, 2015) – 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 bank to its software platform for best execution analysis. With this and other recent customer wins, S3 now counts three of the four largest U.S. retail banks as clients utilizing its suite of products for market structure analytics, in addition to its institutional, broker-dealer and exchange customers.


Given the complexity of today’s markets, detailed trade analysis is essential to understanding those factors impacting execution quality across the wide array of available venues. S3 provides customized, scalable software to measure best execution in this fragmented environment, and as an independent data provider the firm delivers third-party trade verification. As such, the number of clients utilizing S3’s analytical tools for equities and options has grown significantly over the last several months. To support its growing customer base, S3 has implemented enhancements to its software platform, which allows clients to determine historical best execution and streamlines Rule 605 and 606 regulatory reporting. Additionally, the Company has increased its back-end bandwidth to support increased traffic on its software platform, and has hired additional staff to ensure complete and uninterrupted service for all of the firm’s customers.

Mark Davies, CEO of S3, commented on today’s news, “Over the last six months, we have strategically built out our product portfolio and have established a leadership position for equities analysis, in addition to our top-of-industry options reporting capabilities. We have continued to focus on these critical aspects of our business in 2015 through internal growth, both from a technology and staffing standpoint. We are proud to now provide three of the four largest U.S. banks with the information required to navigate today’s fragmented market structure, and look forward to continually improving our market data analytics tools while helping firms achieve best execution on behalf of their clients.”

S3 offers clients access to a wide swath of data, which the Company believes is essential to determine best execution. S3’s analytical tools simplify the order management process, opening the door to better trade execution for large banks, retail broker-dealers, and institutional clients. The Company is intensely focused on customizing the functionality of its software suite for each customer, and works directly with each client to understand their specific needs and tailor its platform accordingly. S3 develops specialized solutions in order to provide third-party verification and optimize trade execution uniquely for each customer.

Mr. Davies concluded, “A key component of analyzing best execution is not only the ability to provide a data set, but also the ability to provide multiple options for comparison and analysis within that data set. This deep level of customization for each client is at the heart of S3’s philosophy. Our recently-appointed team members have done an outstanding job of ensuring that every customer’s specific trade monitoring and reporting requirements are met, and their efforts have contributed directly to the signing of multiple, major firms in recent months. We are excited about this era of rapid growth for S3, and plan to unveil further enhancements to our market structure analytics platform in the near-term.”

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. The Company’s products are used today by many of the world’s largest financial institutions, broker-dealers and exchanges to deliver market structure analytics and best execution reporting. With over 30% of U.S. listed options volume and a growing equities business, S3 leverages its proprietary software to provide 3rd party verification and optimize trade execution.

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