LiquidMetrix was founded in 1997, before best execution was a regulatory obligation and before fragmentation made execution quality something firms could measure at all. We built the first product to analyse fragmentation, smart order routing, and venue performance, then extended it to accommodate every structural shift that followed. Nearly thirty years on, that work underpins the analytics used by more than 220 institutions across the buy-side, sell-side, venues and regulators. Development has not slowed. Our recent and in-flight work includes the web release of market surveillance, expanded digital asset coverage, and continued development of the trading analytics platform, always with the same principle: independent measurement at full market depth.