Following the launch last week of OpenFin's Community Edition, RSRCHXchange, the MiFID II research solution and marketplace, is pleased to announce that they are the first partner to join the OpenFin Community.
RSRCHXchange is now developing its RSRCHX application on OpenFin, the world’s first common operating layer for financial desktop applications, which provides the connectivity and interoperability that will significantly enhance the user experience for RSRCHX clients.
The RSRCHX application gives the option of moving away from web browsers to the desktop, allowing users to access the RSRCHX portal in a next generation segregated desktop application. By developing on OpenFin, RSRCHXchange is enabling both asset management firms and research providers to use its unique live consumption analytics, real-time research assessment tools and research marketplace in conjunction with other best-in-breed solutions to meet their MiFID II and research needs.
OpenFin’s common operating layer is licensed on over 125,000 desktops by 35 of the world's largest banks and trading platforms. The new OpenFin Community Edition provides free access to the operating layer, making the platform more accessible to the entire ecosystem of capital markets applications.
Vicky Sanders, Co-Founder, RSRCHXchange, commented: “Building the RSRCHX desktop application on OpenFin goes beyond simply improving the user experience of our research platform; with the industry facing a sprint in order to be ready in time for MiFID II implementation in January next year, it’s connectivity which will allow the industry to join the dots, linking together multiple MiFID II solutions.”
Jeremy Davies, Co-Founder, RSRCHXchange, added: “Leveraging OpenFin in this way is one of several developments that we have been working on to build out our connectivity for our customers and providers. It keeps RSRCHXchange at the forefront of financial technology innovation and we look forward to announcing other product upgrades and partnerships with more best-in-class providers, which will further improve our offering.”
Contributed | what does this mean?