big xyt, the independent provider of market data analytics, has been selected by Societe Generale Luxembourg to provide trading execution analytics to its clients.

big xyt's TCA platform provides SocGen Luxembourg with smart data analytics, which help clients to reduce transaction costs. Leveraging big xyt's consolidated view of the marketplace allows SocGen Luxembourg to measure and benchmark executions.

"We are delighted to be adding Societe Generale Luxembourg to our portfolio of buy-side clients, who have the seen the value in our flexible and independent offering," said Mark Montgomery, Head of Strategy and Business Development at big xyt. "This initiative enables both firms to collaborate on the integration of new methodologies, creating a better understanding of the complexity of Societe Generale Luxembourg’s interactions in a constantly evolving landscape."