Global survey of fund managers suggests the buy-side is now feeling the consequences of MiFID II unbundling rules.
Consortium aims to establish universal connectivity standards for industry desktop applications.
Research providers agree a collaborative approach is the most efficient way to get ahead of MiFID II unbundling requirements.
RSRCHXchange adds new functionalities to its research platform and hires new managing director of sales in North America.
Survey revealed 85% of asset managers expect to be compliant with unbundling by Q4 2017 or later.
Partnership will see research consumption and assessment data made available to buy-side clients of both firms.
OpenFin provides desktop applications to both buy- and sell-side trading platforms.
Sell-side must be able to explain and justify pricing of research for unbundling.
Adam Toms has joined RSRCHXchange’s board alongside other industry veterans.
NEX Group makes strategic investment in research firm ahead of MiFID II unbundling.