Market consultancy GreySpark Partners will boost its research offering with a subscription-based service to help firms meet impending regulatory change in the US and Europe.
The new service will enhance the company’s Capital Markets Intelligence offering and will produce reports and research covering the effect of new rules under the Dodd-Frank Act in the US and MiFID II in Europe, in addition to global guidelines such as Basel III.
The firm’s three main areas of research are risk and trading, market structure and regulation, and technology, and the expansion of its research provision will be offered on a yearly subscription basis.
“We are pleased to offer a cost effective solution for professionals at financial institutions, giving them access to comprehensive, impartial and informed research, assisting their business decision in challenging times,” said Anna Pajor, senior consultant and team leader of Capital Markets Intelligence at GreySpark.
The regulatory climate in the US and Europe is undergoing radical change, with new derivatives trading rules under Dodd-Frank and the European market infrastructure regulation coming into force throughout next year. A pillar of the rules require the central clearing of over-the-counter derivatives trades, which will raise trading costs and force firm’s to update trading systems and strategies.
In Europe, a final text of MiFID II regulation will be etched out in coming months between the Council of the European Union and the European Parliament.