Source: Commcise
Commcise, the multi award-winning provider of integrated commission management and research evaluation solutions for investment management firms, today announced the successful implementation of CommciseBUY at Pictet Asset Management (Pictet AM) who manage over EUR150bn in a range of asset classes globally.
Implemented globally, the Commcise solution enables Pictet AM portfolio managers, analysts and management to evaluate broker research. As part of the on-going support provided to Pictet AM, Commcise is receiving research service interaction data directly from Pictet AM’s research providers. This is used to help validate research payments in line with the ESMA and FCA policies in MiFID II.
Ed Atkins, Global Head of Trading at Pictet AM, commented: “Pictet AM has a sophisticated and granular approach to monitoring research commissions, to support all our traders’ and management needs.” He added: “We have been very pleased to work with the Commcise team, who understand the challenges of integrating a range of differing requirements, to deliver a successful project.”
Amrish Ganatra, CEO at Commcise, stated: “We are delighted to welcome Pictet AM to our growing client base and look forward to working with them.”