SimCorp research finds only 7% of buy-side firms are ready to comply with the incoming rules in September.
The expansion will also change how the service is used, with sponsors now able to let their clients trade with counterparties other than themselves.
BlackRock’s flagship Aladdin platform will be combined with eFront to expand its alternative investment capabilities.
Aberdeen Asset Management’s Martin Gilbert will take on a new role at Standard Life Aberdeen, as Keith Skeoch leads the company as sole CEO.
When it comes to seeking liquidity under MiFID II, a survey of senior traders has found that periodic auctions and conditional order types are the most useful.
Asset manager established Irish-based management firm in January as part of Brexit contingency plans.
Asset managers concerned that the messaging tools custodians use for the collateral management process are behind the times.
Northern Trust’s director of strategy for asset servicing warned at InvestOps USA that asset owners are a less obvious competitor for the buy-side, as insourcing assets could become more popular.
EU policymakers are looking to extend the tick size regime to SIs, periodic auctions and block trading venues, but the buy-side is concerned about the potential impact this could have on trading at the midpoint.
Former chief executive for EMEA, APAC at Columbia Threadneedle to succeed Mark Zinkula later this year.