[ O U T S O U R C E D T R A D I N G S U R V E Y ]
Meraki Global Advisors LLC
Meraki Global Advisors LLC |
2024 |
2023 |
Global Average |
Difference with Global |
Coverage |
6.56 |
6.83 |
6.21 |
0.34 |
Execution |
6.67 |
6.87 |
6.22 |
0.44 |
Operations and Post-Trade |
6.22 |
6.54 |
6.23 |
-0.01 |
Client Service and Relationship Management |
6.56 |
6.83 |
6.28 |
0.27 |
Trade Decision Support |
6.63 |
6.33 |
5.91 |
0.72 |
IPO Process and Allocations |
6.40 |
- |
5.33 |
1.07 |
Onboarding |
6.00 |
6.54 |
6.09 |
-0.09 |
Service Level Factors |
6.67 |
- |
6.16 |
0.51 |
Cost vs Value |
6.11 |
6.71 |
5.97 |
0.14 |
Average |
6.42 |
6.67 |
6.04 |
0.38 |
Back once again , it has been another strong year for Meraki Global Advisors which notes an increase in interest in fixed income and macro products over the last 12 months . In addition , more awareness and higher expectations from clients has been a key theme . Most notably , as the firm points out , there has been a shift away from firms who offer outsourced trading services for free . Meraki notes : “ While once enticing , [ it ] is now being met with the realisation that if something is free then you are the product ”. Yet this realisation does not concern Meraki , which is confident in its own offerings . Proud of its ability to “ thrive on complexity ” and “ scale with clients ’ strategies ”, the latest scores indicate that Meraki ’ s confidence is not unfounded . With an overall average score of 6.42 , the firm sits firmly above the overall global average ( 6.04 ) and comfortably in the Very Good camp . Notably , not a single category scored below Very Good across the board . With a significant
Chart 1
number of clients taking part in the Outsourced Trading Survey , while the majority of respondents are from the US , there are still several clients who are based in Australia , Canada , Asia and the
UK . However , no matter what way you break down the results , the answer is the same – clients are overwhelmingly happy with the service provided by Meraki . Taking the joint top spots this
48 // Outsourced Trading Handbook // 2024