BestEx Research Group LLC, an independent provider of execution algorithms, trading technology, and trade analytics for global equities and futures, announced the launch of Pulse AI, the world's first AI-native interface for institutional trading analytics. Pulse AI connects the firm's Pulse Analytics suite to Claude, ChatGPT, or other AI assistants desks already use, letting traders ask questions and receive answers grounded in BestEx Research's proprietary models and realized market data. It is built to streamline trading cost analytics across the complete lifecycle of a trade, including pre-trade analytics to inform how positions are planned and traded and broker-neutral post-trade transaction cost analysis that supports comprehensive analysis of execution performance across brokers and proposes changes toward cost reduction.

The other component Pulse AI will bring to traders, scheduled for Q1 2027, is broker-neutral Post-Trade TCA. Fair comparison and evaluation of broker performance has always been a challenge for institutional investors. Each broker measures the flow it executed, using its own methodology, and presents results limited to that slice. A desk working with many brokers ends up with several partial report cards and no way to compare them on equal terms. Broker-neutral TCA puts all of a buy-side firm's execution under a single methodology. Traders can see which brokers actually performed, which strategies worked and under what conditions, and where changing or customizing an algorithm would lower cost. Pulse AI makes that analysis conversational, so the investigation happens in the same AI assistant the trader is already working in rather than in a quarterly report.

"AI is changing how we interact with information, and buy-side traders have been waiting for execution providers to optimize and simplify the TCA process which has remained rigid and complex for decades," said Hitesh Mittal, Founder and CEO of BestEx Research. "We built Pulse Analytics specifically to support traders, quants, and portfolio managers in their most complex decisions. With Pulse AI, a trader can chat with their AI assistant about execution quality, get help navigating changing market conditions, or set an agent to work through their TCA overnight and find a rigorous analysis of performance across brokers waiting at their desk in the morning. It's a fundamentally different relationship with the data than a quarterly report can produce. Pulse AI is built to lead that shift."