20 July 2018
Visit www.avoka.com

Red Deer integrates with Instinet's RQ Connect

19 October 2017  |  2597 views  |  0 Source: Red Deer

Red Deer, a next-generation financial technology company dedicated to enhancing the performance of active investment managers, today announces a strategic partnership with Instinet Europe Limited to provide an integrated solution to seamlessly manage research inducement, consumption, valuation, payment and commission management under the new MiFID II regime.

Red Deer’s research valuation management solution will attribute, forecast, track and manage budgets for research funding and consumption, integrating with Instinet’s RQ Connect application within its research payment and commission management platform, Plazma®, to provide a seamless end-to-end research valuation and payments process.
Commenting on the partnership, Luke Oubridge, CEO Red Deer, said, “A number of Red Deer clients have chosen to work with Instinet to manage their research payments as part of MIFID II research unbundling. Integrating gives them a pain-free and complete end-to-end solution, allowing them to reduce operational overhead and free up resource to focus on other challenges they may face in preparing for the January deadline.”

Red Deer’s research valuation management solution captures and attributes firm research consumption across all channels including email, chat and voice, giving buy-side firms the most accurate view of their research value. This approach has the added advantage of preventing inducement across the firm. Red Deer’s Outlook plugin and mobile application mean that firms can be MIFID II compliant quickly, with minimal disruption to their investment process. Oversight reporting is exceptions-based, offering compliance teams greater transparency and operational efficiencies.

“Instinet is pleased to be working with Red Deer to provide clients a seamless and comprehensive solution for their research management needs through RQ Connect. As part of Instinet’s agency model, our infrastructure allows clients to choose the tools that best match their requirements as they navigate the current MIFID II regulatory landscape, “said Patrick Gill, Head of Commission Management for Instinet Europe.

Instinet’s RQ Connect enables Research Procurement Management (RPM) systems to transfer research quality assessment data to Plazma. Investment managers can review, edit and confirm this information on their desktops, and seamlessly authorise payments, notably through Instinet Europe Limited’s certified Payment Institution license. RQ Connect unifies outside evaluation and budgeting processes with the established payment facilities of Plazma.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit https://secure.vasco.comVisit info.nice.com

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
12169 views comments | 5 tweets | 7 linkedin
Metro Bank opens developer portalMetro Bank opens developer portal
10088 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9770 views comments | 6 tweets | 15 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
9352 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
9330 views 19 comments | 14 tweets | 30 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job