RBC Investor & Treasury Services (RBC I&TS) has launched its FX Transaction Cost Analysis (TCA) service for Currency Overlay Services (COS) clients. The service, which uses industry-leading analytical technology provided by BestX, will provide RBC I&TS COS clients with independent FX TCA reporting to oversee and assess the execution quality of their COS transactions. COS is available on a custody or standalone basis, as a product within RBC I&TS’ overall suite of FX and outsourced solutions for asset owners and asset managers globally. Mark Hogg, Head of Currency Overlay Services at RBC I&TS, said, “The partnership with BestX demonstrates our ongoing commitment to providing market-leading client experiences and raising the bar on execution transparency. It also shows how we continue to provide clients with innovative and differentiated solutions and help them meet their oversight requirements.”
