Agile Trading Technologies vs LiquidFi

What the rubric says

Agile Trading Technologies and LiquidFi are both scored in Secondary & Capital Markets. Agile Trading Technologies carries an overall of 4.2, LiquidFi an overall of 2. The widest gap between them is Return on spend, at 2.6 of a point. That axis measures what the spend returns, which is not the same as being cheap. Agile Trading Technologies takes it, 4.4 to 1.8.

Where the five axes separate

On Return on spend the record favours Agile Trading Technologies, 4.4 against 1.8. On Adoption and support the record favours Agile Trading Technologies, 4.4 against 1.8. On Integrations and ecosystem the record favours Agile Trading Technologies, 4.1 against 1.6. On Production impact the record favours Agile Trading Technologies, 4.4 against 2.1. On Functionality and depth the record favours Agile Trading Technologies, 3.8 against 2.3.

Names, because the URL and the brand differ

LiquidFi was formerly Liquid Mortgage.

Pricing posture

Agile Trading Technologies does not publish pricing. Its listed model is not published; broker-dealer execution platform, no license fee shown. LiquidFi does not publish pricing. Its listed model is quote only, nothing published.

Deployment and who each one targets

Deployment for Agile Trading Technologies: Cloud, reached by browser or mobile app. Deployment for LiquidFi: Cloud, blockchain-backed loan record with full API access. Segment focus for Agile Trading Technologies: Secondary desks at hedged originators, plus the broker-dealers quoting to them. Segment focus for LiquidFi: Securitization sponsors and warehouse lenders rather than origination desks. The two entries name different buyers.

What each record credits

Agile Trading Technologies: SEC-registered broker-dealer and FINRA and SIPC member, with no proprietary book or TBA lines. Agile Trading Technologies: MCTlive! Agile Trading Technologies: TBA request-for-quote and individual pool bidding share one screen with AOT automation. LiquidFi: Reports $24.3 billion unpaid principal balance across 57,621 platform loans. LiquidFi: Covers residential, commercial, single-family rental and alternative assets, not residential only. LiquidFi: Full API access means data gets pulled, not only viewed.

What each record holds against them

Agile Trading Technologies: No parent, investor or funding history is disclosed anywhere on the site. Agile Trading Technologies: Claims compatibility with leading hedge advisory platforms but names none. Agile Trading Technologies: Homepage counters render as placeholder zeros, including broker-dealer count and monthly volume. LiquidFi: No ownership, investor, funding or leadership information published anywhere. LiquidFi: Not one integration named: no LOS, servicing system, eVault or custodian. LiquidFi: No named clients or case studies, so reported balances cannot be checked.

Which one fits which shop

Best fit for Agile Trading Technologies: A lender tired of calling four dealers for a TBA quote. Best fit for LiquidFi: An issuer whose investors keep asking for loan-level data faster than servicing can produce it.

What each entry concludes

Agile Trading Technologies: Agile is an electronic marketplace for TBA and MBS pool trading. Agile Trading Technologies: It replaces the phone calls a secondary desk makes to its dealers. LiquidFi: LiquidFi, formerly Liquid Mortgage, keeps a verifiable record of loan data, documents, payments and ownership in one place. LiquidFi: The parties who normally reconcile that information across four systems read it there instead.

The short answer

Agile Trading Technologies finishes ahead on the published rubric, 4.2 to 2. The margin comes mostly from Return on spend. Same rubric, same weights, no sponsorships.