Singapore
13 September 2017
Reporter: Stephanie Palmer

Smartkarma to provide research through NYFIX Portal


Asian investment research provider Smartkarma has paired up with Ullink to make its cloud-based platform available through the NYFIX Portal.

NYFIX, acquired by Ullink from the New York Stock Exchange in 2014, provides a hub connecting around 1,500 trading partners to trading venues.

The partnership is intended to give NYFIX’s 800 buy-side members access to high-quality independent research through the Smartkarma platform, which connects to 135 investment research firms across 15 Asian markets.

Post-trade analytics services will also be available to all buy-side NYFIX members.

The deal comes as a response to the increasing need for non-conflicting research and transparent pricing among buy-side market participants, driven by new regulations such as the second Markets in Financial Instruments Directive.

Smartkarma co-founder Jon Foster said: “Ullink’s NYFIX community is one of the largest trading communities in the world, and we are excited to offer access to our research services for its members, helping them to develop more effective trading strategies and understand market movements in real time.”

Philippe Carré, global head of business development at Ullink, added: “Smartkarma targets the macro trend for unbundling payment for research and execution services, and provides an innovative approach based on collaborative contributions from its community.”

“We believe our NYFIX buy-side community will benefit hugely from access to this service, and integration with our NYFIX Portal makes such access seamless.”

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
SLI goes live on Calastone’s settlement service
23 November 2017 | London | Reporter: Jenna Lomax
Standard Life was added to the solution following its £11 billion merger with Aberdeen Asset Management, which was completed in March this year
BNP Paribas hires new Hong Kong head
23 November 2017 | Hong Kong | Reporter: Jenna Lomax
Kasparian will be responsible for developing relationships with new and existing clients, as well as delivering best-in-class operations and services
Monyx selects RBC I&TS to manage SICAV umbrella
23 November 2017 | Luxembourg | Reporter: Jenna Lomax
RBC I&TS will provide custody, fund administration, transfer agency, securities lending and foreign exchange services to Monyx
Societe Generale boosts ESG reporting
22 November 2017 | Paris | Reporter: Jenna Lomax
The new solution allows institutional investors and asset managers to rate their investments against ESG indicators
Tobam launches bitcoin mutual fund
22 November 2017 | Paris | Reporter: Jenna Lomax
The fund will allow investors access to cryptocurrency to benefit from Tobam’s research and IT systems to track the value of investing in bitcoin
Strate adopts Nasdaq blockchain solution for voting
22 November 2017 | Stockholm | Reporter: Becky Butcher
Nasdaq is set to provide its blockchain electronic voting solution to South African Central Securities Depository (CSD) Strate
UniCredit launches instant payment solution
22 November 2017 | Milan | Reporter: Becky Butcher
UniCredit has launched its cross-border instant payments solution in Italy and Germany
More news