17 December 2017
visit http://response.ncr.com

Pronet Analytics launches 'Spitzer Settlement Solution'

22 May 2003  |  3005 views  |  0 Pronet Analytics launches 'Spitzer Settlement Solution'

London-based Pronet Analytics is launching an equities research service to help investment banks and brokers address conflicts of interest charges.

The settlement between New York Attorney General Spitzer and ten Wall Street banks was finalised last month and requires that named banks provide clients with research sourced from external, independent firms.

The Pronet service, under the working title of Spitzer Settlement Solution, or S3, will initially cover about 600 equities – the constituents of the S&P 500 and Nasdaq 100 indexes – and combines live updating graphics with short, medium and long term strategies from Pronet analysts.

Pronet says the combination of live graphics with the strategies will provide users with the ability to trigger trades after evaluating recommendations in conjunction with analysis from other sources.

Shane Smith, CEO, Pronet, says there is demand for research from external, independent sources to help to differentiate each banks' offering to its clients.

"We have built-in intelligence so that in addition to helping inform sensible investment decisions, and leading to order flow, it (the solution) can report back to the bank in real-time on the research that most clients are using," says Smith.

Other services from Pronet address spot FX and exchange traded interest rate derivatives.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comvisit www.response.ncr.comvisit www.thomsonreuters.info

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10616 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
10226 views comments | 18 tweets | 36 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
7503 views comments | 9 tweets | 10 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7313 views comments | 19 tweets | 22 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6724 views 0 | 4 tweets | 2 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job