UAT is a Denver, Colorado financial services technology company. We work closely with Traders in the Asset Management industry to create operational alpha, workflow efficiency and cost control tools. We help Traders create more value with their commission dollars.
Through a multi-year R&D effort, UAT developed our automated, innovative and patented iPerX℠ technology. IPerX provides substantial, attractive benefits to the asset management industry and is licensed to Bloomberg Tradebook for distribution as BLOOMBERG TRADEBOOK® BOOMERANG℠.
BOOMERANG provides substantial, attractive benefits to Asset Owners and Asset Managers by automating the execution of low touch orders to free up Asset Managers to focus on higher value trading opportunities. The goal is to create enhanced performance through a combination of quality executions as well as lower commission costs as desired. Perhaps, most important is the Asset Manager keeps complete control over BOOMERANG.
BOOMERANG seeks to provide the following benefits:
(PLEASE NOTE: BOOMERANG can be utilized by Asset Owners to either: 1) Generate commission savings without utilizing commission recapture; or 2) Increase the savings generated by commission recapture.)
BOOMERANG is unique in that this patented productivity tool provides substantial and attractive benefits to both Asset Owners and Asset Managers… with the potential to improve both investment performance and Trader productivity. At the same time, BOOMERANG can automate satisfying client mandates while increasing consumable resources for Asset Managers.
BOOMERANG’s benefits vary with individual users and do not represent any guarantee of future performance or benefits. Market conditions, share volume, share commission rates, share availability, manager trading style, execution exchange and rule parameters used by the Manager can all impact and change the results achieved by BOOMERANG.
Bloomberg Tradebook is the exclusive technology licensor for UAT’s patented iPerX technology and is the sole executing broker for all order flow captured by BOOMERANG. Please see BLOOMBERG TRADEBOOK DISCLOSURE PAGE.
Bloomberg Tradebook BOOMERANG℠ is powered by UAT iPerX™ Technology.
United States Patents 7,685,057; 7,809,632; 7,831,503; 7,856,396; 7,912,783; 8,121,935; 8,180,699; 8,285,634; 8,296,222 with patents pending.
BOOMERANG is a service mark of Bloomberg L.P.