FactSet Teams with Liquidnet to Offer MiFID II Research Unbundling Solution
(Thomson Reuters ONE) -
NEW YORK and LONDON, July 26, 2017 (GLOBE NEWSWIRE) -- FactSet, a global
provider of integrated financial information, analytical applications, and
industry-leading services, announced today the integration of Liquidnet's Broker
Vote and Commission Management System with FactSet's Research Management
Solutions (RMS). Through this combination, firms can track the research they
have consumed, the value they derive from it, and all relevant interactions
around an investment decision in FactSet RMS and, through the integration with
Liquidnet, seamlessly conduct their review and distribute research payments.
FactSet provides clients the ability to consume, track and rate broker research
effectively using a robust entitlements system. In addition, users have the
ability to track corporate access and rate interactions with third parties
within a customized framework using FactSet RMS. Multiple reporting options are
available to help firms fully analyze resource and consumption data. This full-
service solution enables firms to integrate with their own proprietary processes
and allows companies to maintain an audit trail that tracks the rationale behind
trades to both investors and regulators alike, while providing evidence of the
valuable research services provided to clients.
Liquidnet's award winning commission management and research payment service
provides a full suite of solutions from its CSA/RPA aggregation service to the
tracking of research budgets using its Commission Analyzer and distribution of
payments based on its broker evaluation vote.
"As part of being MiFID II compliant, firms need to track and review valued
interactions. They want a seamless solution for research unbundling and this
integration supports more continuity for MiFID II compliance," said David
Hannibal, Global Manager of Channel Partners, FactSet.
"With MiFID II around the corner, firms are increasingly looking for providers
that can offer 'full-service' research management and connect them to payment
solutions that meet their unbundling requirements," said Sandra Delmore, Head of
Commission Management Solutions at Liquidnet. "FactSet's RMS is a leader in this
space and we're proud that they have chosen Liquidnet's RPA offering as their
preferred payment management solution."
For more information on FactSet's Research Management Solutions
visit: https://www.factset.com/analytics/research_management.
About FactSet
FactSet (NYSE:FDS) (NASDAQ:FDS) delivers superior analytics, service, content,
and technology to help more than 85,000 users see and seize opportunity sooner.
We are committed to giving investment professionals the edge to outperform, with
fresh perspectives, informed insights, and the industry-leading support of our
dedicated specialists. We're proud to have been recognized with multiple awards
for our analytical and data-driven solutions and repeatedly ranked as one of
Fortune's 100 Best Companies to Work For and a Best Workplace in the United
Kingdom and France. Subscribe to our thought leadership blog to get fresh
insight delivered daily at insight.factset.com. Learn more
at www.factset.com and follow on Twitter: www.twitter.com/factset.
FactSet
Media Relations Contact:
Amy Bowman
203.810.2144
Abowman(at)factset.com
Investor Relations Contact:
Rima Hyder
857.265.7523
Rima.hyder(at)factset.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FactSet Research Systems Inc. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 26.07.2017 - 08:57 Uhr
Sprache: Deutsch
News-ID 553899
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