Commcise has teamed up with RSRCHXchange to deliver a regulatory and research solution in compliance with the second Markets in Financial instruments Directive (MiFID II).
The collaboration allows research consumption data to be passed from the RSRCHX platform to Commcise via an application programme interface.
It will provide asset managers with an end-to-end research facility via a buy-side controlled panel, which will support the research consumption, valuation and accounting data requirements of buy-side and sell-side firms.
The agreement also includes procurement, content entitlement management and fund level research accounting, with MIFID II ex-ante and ex-post reporting.
Amrish Ganatra, managing director at Commcise, said: “We are delighted to partner with RSRCHXchange to provide our customers with access to high quality readership data from a broker-neutral, independent and un-conflicted research platform.”
Jeremy Davies, co-CEO at RSRCHXchange, commented: “We strongly believe a collaborative approach is the most comprehensive and efficient way not only to get ahead of MiFID II research unbundling, but also to operate a research-led investment process.”
He added: “Partnerships ensure we remain at the forefront of financial technology innovation and provide the best possible service to clients by offering connections to other best-in-breed solution providers.”
