The iPerX Algorithm

iPerX is a breakthrough commission savings system that more than doubles savings, automates money manager trading and provides real-time governance reporting for sub-advised and externally managed assets.

The iPerX algorithm enables money managers to automate the execution of commission savings programs and eliminate manual order handling by traders. Thus, the iPerX algorithm enhances the efficiency of a money manager’s trading desk.

The iPerX algorithm provides a real-time, rules based process that categorizes orders as “high touch” or “low touch”, according to customizable rules controlled in real-time by the money manager. iPerX operates on autopilot, automatically categorizing orders as ”high touch” or “low touch” and enabling the auto routing of “low touch” orders to low-cost agency brokers. Money managers “work” the high touch orders as they currently do today. Money managers, using the iPerX algorithm, may adjust the parameters governing High Touch vs. Low Touch rules (in real-time) and create exceptions for an account, security or group of securities.

Overall, iPerX provides an opportunity to enhance performance for a money manager’s sub-advised and externally managed accounts which results in a greater likelihood of protecting existing mandates as well creating enhanced competitiveness for new mandates.

To learn more about iPerX and how this patented system can benefit your externally managed and sub-advised practice, please contact Tom Warren, President, UAT, Inc. at (303) 881-1825 or tom.warren@uatinc.com