Goldman Sachs has unveiled a visual analytics dashboard integrated into its digital platform. This tool is designed to enhance the investment processes for institutional clients by streamlining market analysis. It addresses the inefficiencies of fragmented data in the global market, the company said.
Dubbed Marquee MarketView, the new platform consolidates data sources, including proprietary datasets from Goldman Sachs. The platform offers visual insights through graphs and charts to enable users to track and analyze market movements. Additionally, the tool's customization features allow investors to create personalized dashboards.
Goldman Sachs Expands Services for Corporate Clients
Chris Churchman, the Head of Goldman Sachs Marquee, mentioned: "Marquee MarketView provides a visual, interactive, and dynamic solution for anyone looking for a comprehensive and flexible tool to track and analyze global markets. Clients can leverage insights and data that Goldman Sachs and our partner vendors have to offer in an open ecosystem."
Marquee MarketView is accessible through the Marquee web platform and the mobile app Marquee Trader Mobile. To access the widget, users require a subscription to Goldman Sachs' PlotTool Pro. This platform caters to institutional investors and eligible institutional corporate clients.
Recently, Goldman Sachs partnered with derivatives exchange Eurex's FX business, Finance Magnates reported. Goldman joined Eurex as a member, clearing member, and liquidity provider. The collaboration aimed to strengthen the local FX liquidity hub, providing market participants with better pricing and more efficient trades.
Navigating New Markets through Strategic Partnerships
The role adopted by Goldman Sachs facilitates the conversion of over-the-counter trades into exchange -traded and centrally cleared contracts. This conversion mitigates risks associated with OTC trading.
Goldman Sachs' support has positioned Eurex to meet this demand, offering the advantages of over-the-counter and centrally cleared trading options. The collaboration aims to enhance the efficiency of the local market by introducing greater transparency.
Meanwhile, a recent study by FOREX.com as quoted by Finance Magnates, highlighted the timing preferences of traders across different asset classes and experience levels. The data showed that forex traders, irrespective of their experience, are most active during the opening and closing hours of the trading day.
