The holistic benchmark focuses on the total cost of ownership (TCO) relative to revenues to identify cross-product cost/profit opportunities and analyze the potential impacts of business decisions and market conditions. The benchmark is enriched by Expand’s full suite of detailed quantitative benchmarks and revenue analyses.
Who is it for?
COOs, Heads of Trading
Frequency
- Annual report
Scope
The product focuses on Capital Markets with deep-dives for each business line (Equities, FX, etc.), and examines the direct/allocated IT, Operations and Corporate functions components of the cost stack.
Why do it?
In an environment of reduced revenues and margins squeezed by electronification, the benchmark enables firms to focus attention on areas with real impact on profit. The focused attention helps minimize the detrimental effect on the business that some blanket cuts can have.
Additionally, the product helps improve understanding of the drivers of overall cost, productivity and profitability in your business, therefore informing strategic decision making and highlighting potential levers to help improve efficiency.