Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Mike Stepanovich, ONEaccess

23769

ONEaccess launches research valuation solution for MiFID II compliance

RELATED TOPICS​

ONEaccess has made enhancements to its platform that will allow asset managers to comply with MiFID II requirements, including regular assessment of research quality, management of research budgets and enforcement of stricter controls around inducements.

The ONEaccess platform enables asset management firms to monitor, aggregate and analyse all of their interactions with research providers in one place, ensuring that consumption is aligned with the firm’s research budgets.
 
To facilitate the assessment of research quality, customisable research provider scorecards let firms assign weightings to valuable research services including analyst meetings and models, corporate access, and bespoke work. With this information, firms can build broker votes from the bottom-up using detailed consumption and value metrics that satisfy FCA, AMF (Autorité des Marchés Financiers) and other requirements.
 
“MiFID II regulations will profoundly change how asset managers consume and pay for research,” says Richard Johnson, vice president of market structure and technology at Greenwich Associates. “Investment firms will need to establish robust research budgeting, evaluation and payment processes.”
 
New to the ONEaccess solution is the ability to automatically initiate payments based on research provider valuations and seamlessly integrate into any RPA (research payment account) or CSA (commission sharing agreement).
 
“Putting a research valuation framework in place is not only paramount to complying with MiFID II regulations in the EU, but it’s also a best-practice for firms everywhere,” says Mike Stepanovich (pictured), CEO of ONEaccess at Visible Alpha.
 
“By partnering with ONEaccess, we are able to help our investor clients meet MiFID II compliance requirements,” says Tom Conigliaro, managing director of Markit Brokerage and Research Services at IHS Markit. “Through our combined offering, clients gain access to an end-to-end solution for managing, evaluating and paying for their interactions with research providers.”
 
“Asset managers are looking for ways to simplify the way they discover, track and value research, models and corporate access,” says Scott Rosen, CEO of Visible Alpha. “With the coming together of Visible Alpha and ONEaccess, our solution is the only holistic destination for investors to accomplish this.”
 
Additionally, ONEaccess will add “reverse” entitlement capabilities that will restrict access to services at a granular user level to help eliminate the risk of inducements across all vendor platforms.

Latest News

Brown Brothers Harriman & Co has expanded its relationship with AllianceBernstein (AB), by adding to..
The trading and investment platform eToro has extended its proxy voting feature to all stocks..
C8 Technologies, the London-based fintech founded by former BlueCrest Capital Management partners Mattias Eriksson and..

Related Articles

The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by