Fidessa Partners With Commcise To Offer MiFIDII Unbundling Solution
Posted: Mon Jun 20, 2016 12:53 pm
Fidessa group plc announced today a new partnership with Commcise which delivers a transactional method for funding Research Payment Accounts (RPAs). This will allow the industry to support evolving MiFID II regulatory requirements while improving operational efficiency.
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Currently, an estimated 75% of European buy-sides pay for research via Commission Sharing Agreements (CSAs) which allows them to reward providers of research via dealing commissions but under the new rules released by the European Commission in April this year, buy-sides ... (read more)