Schroders taps Commcise for global research evaluation platform

UK-based asset manager implements platform for research and interaction evaluation, broker voting and allocations.

Schroders has adopted a research and interaction evaluation platform to analyse the quality of research it receives.

The CommciseBUY platform will be used by Schroders for research and interaction evaluation, broker voting and allocations across its global operations through more traditional web-based and mobile applications.

Under new rules for the unbundling of research payments and execution fees as part of MiFID II, asset managers must now make separate payments for research and execution services. As such, firms have been widely expected to drastically reduce the number of research providers they engage with and apply rigorous evaluation methods to brokers and research providers.

“As a global asset manager, with investment teams consuming research in several locations, we have a demanding process to ensure we are paying appropriately for research services,” said Angus Bogle, co-head, equities management at Schroders.

“Commcise was selected as it was the best match to our requirements and we received positive references from other Commcise clients, who have used Commcise for several years.”