[ O U T S O U R C E D T R A D I N G S U R V E Y ]
CIC Market Solutions
CIC |
2025 |
2024 |
2023 |
Global |
Difference to Global |
Coverage |
6.00 |
- |
- |
6.25 |
-0.25 |
Execution |
6.13 |
- |
- |
6.20 |
-0.07 |
Operations and Post-Trade |
5.88 |
- |
- |
6.19 |
-0.32 |
Relationship Management |
6.00 |
- |
- |
6.15 |
-0.15 |
Trade Decision Support |
6.00 |
- |
- |
6.00 |
0.00 |
IPO Process and Allocations |
5.25 |
|
|
5.25 |
0.00 |
Onboarding |
6.00 |
- |
- |
5.98 |
0.02 |
Client Services |
6.25 |
- |
- |
6.15 |
0.10 |
Cost vs Value |
5.88 |
- |
- |
5.99 |
-0.12 |
Average |
5.93 |
- |
- |
6.02 |
-0.09 |
CIC Market Solutions notes that the“ industry continues to face cost-cutting pressure due to fierce competition from ETFs and the underperformance of active strategies”. This, combined with the current market volatility and the economic conditions, has led to“ small to mid-sized firms questioning to maintain an inhouse trading function” and larger firms looking for more customised and cost-efficient trading solutions, said the firm. CIC reports it has“ achieved significant milestones in its services” over the past year. Foremost is the industrialisation of its riskless principal model with enhanced operational efficiency. The provider also reports an increased use of automation across various processes, resulting in improved accuracy and faster turnaround times.“ These advancements have not only streamlined our operations but also allowed us to deliver better services to our clients,” CIC notes. With an average overall score of 5.93- it is Client Services
Chart 1
( 6.25) which receives the highest score. Just shy of two-thirds of respondents rate this category as Excellent. Numerous factors contribute towards this Very Good rating, including CIC’ s uptime and connectivity; its multi-asset execution capability; support for ESG / RI and diversity and inclusion obligations; and its help when it comes to regulatory changes. Of these factors, it is the first two which are the most significant factors in awarding this category the rating. Operations and Post-Trade( 5.88) sits 32 basis points below the global average, but solidly in the Good range. Every respondent agrees that when it comes to this category, it is the trade matching and trade settlement offered by CIC, which are the two main contributing factors resulting in this. The majority of participants sit in the $ 1 billion- $ 100 billion range, when it comes to client size, while geographically, all are based in
24 // Outsourced Trading Handbook // 2025