/ EXECUTION INTELLIGENCE
ALL SYSTEMS NOMINAL --:--:--

[ 001 ]  MICROSTRUCTURE LAYER

You cannot improve what you cannot see.

Tessera instruments every child order across every venue, then tells you exactly where the basis points went. Live, not T+1.

OPEN TERMINAL → METHODOLOGY
0ORDERS / SEC
0VENUES
0BPS SAVED · 30D
0µS DECISION TIME

[ 002 ]  THE TERMINAL

Every order, decomposed.

tessera://exec/decompose --order=PX-88401 

  






  

    
[ 003 ]  DEPTH

    
The book, as we see it.

  

  

    

      EURUSD · CONSOLIDATED DEPTH
      SPREAD 0.00003
    

    
    

      BID DEPTH 0
      1.08420
      ASK DEPTH 0
    

  






  

    
[ 004 ]  METHODOLOGY

    
Three layers of instrumentation.

  

  

    

      01
      
Pre-trade

      
Venue-level liquidity forecasts built from your own fill history, not from a
      vendor's aggregate.

      
  • Depth prediction
  • Adverse selection scoring
  • Routing simulation

    

    

      02
      
In-flight

      
Every child order tagged and timed at the wire. Slippage attributed while the
      parent is still working.

      
  • Wire timestamps
  • Queue position
  • Live drift alerts

    

    

      03
      
Post-trade

      
Forensic reconstruction of the full order lifecycle, reproducible to the
      microsecond for any regulator.

      
  • Immutable audit trail
  • Counterfactual replay
  • Regulatory export

    

  






  
“We were measuring execution quality with a stopwatch.
  Tessera handed us an oscilloscope.”

  HEAD OF TRADING · MULTI-STRATEGY FUND





  
Instrument the desk.

  
Deployed inside your VPC. No order data leaves your perimeter.

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