Solves MiFID II Regulatory Needs for Commission Tracking
May 25, 2017
Financial markets platform company Dealogic announces its integration with Instinet Incorporated (Instinet) through that firm’s research management offering “RQ Connect.” Instinet, through its brokerage subsidiaries, provides agency-focused services to clients around the world via an advanced suite of tools. Instinet is a member of the Nomura Group of companies.
Dealogic will integrate its activity and evaluation data into RQ Connect, part of Instinet Plazma’s hub for MiFID II research payments. Investment managers can review, edit, and confirm this information at their desktop and authorize payments through Instinet Europe’s certified Payment Institution license.
“Through our product Dealogic Connect more than 250 buyside firms connect to 300 banks,” noted Jody Drulard, Chief Product Officer. “We want to make the interactions as easy as possible, and know our clients appreciate the options this connection gives them.”
Dealogic Connect offers a seamless electronic connection between the buyside and sellside. Investment firms can reconcile and evaluate all sellside-provided activities, ensuring a complete audit trail satisfying MiFID II regulatory needs, as well as input IOIs to their brokers on primary markets issuance.
Dealogic offers integrated content, analytics, and technology via targeted products and services to financial firms worldwide. Whether working in capital markets, sales and trading, banking, or the buyside, firms rely on Dealogic’s platform to connect and more effectively identify opportunities, execute deals, and manage risk. With 30 years’ experience and a deep understanding of financial markets, Dealogic is a trusted global partner.
As the equity execution services arm of the Nomura Group, Instinet Incorporated’s subsidiaries provide independent, agency-model brokerage services to clients globally. Over the course of its 45+ year history, Instinet has introduced a range of now industry-standard trading technologies as well as the world’s first major electronic trading venue, one of the first U.S. ECNs, and the Chi-X businesses. For more information, please visit www.instinet.com.