ResearchPool Rolls Out MiFID-Dedicated Research Tool, TRUE

As the calendar creeps towards January 2018, firms throughout the financial services industry continue to eye the coming of the long-awaited MiFID II regulations. Ahead of this widespread transition, ResearchPool, a digital platform for investment research, has rolled out its own MiFID II solution tailored to help venues better prepare for and operate in a newly regulated marketplace.

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For its part, ResearchPool’s newly designed solution caters to investment firms, helping them better reconcile transitions and challenges under the new regulations. This will include a focus on managing budgets, spending, overseeing the consumption and evaluation of research, which the group has called Tool for Research Usage and Evaluation (TRUE). TRUE is marketed as a proprietary solution to enable investment firms to better manage and control their research spending and usage of investment strategies, with regard to a newly defined regulatory playing field.

All Eyes on January

MiFID II regulations will have a profound effect on the financial services industry, and will include updating in-house operation and infrastructures to clearing regimes and other forms of Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term. Ahead of January 2018, this has led to a growing demand in turn for technology and solutions providers to develop new tools and frameworks that are better adapted to the new regulatory regime.

TRUE is fully compliant with MiFID II regulations and operates as a Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term-compatible, single point to manage budgets and spending, funded by P&L and Research Payment Accounts (RPAs). This is important as the new solution can also help shore up any gaps of functionality for legacy systems, thereby providing more streamlined tracking for research spending, usage and ratings, which can be purchased through the ResearchPool marketplace.

TRUE also builds on ResearchPool’s existing services suite, which presently includes a comprehensive marketplace for all types of research, touching on multiple asset classes and segments – this includes equities, fixed income, credit, SRI, and macro.

Pedro Fernandes, co-founder and CEO of ResearchPool, commented: “TRUE provides a powerful solution that simplifies the complexities of managing research resources in the upcoming unbundled world. By improving sourcing, spending and the valuation process for research, investment firms will be better aligned with the interests of their end-clients and raise the overall quality of the research offering efficiently.”