Cogent and MPI collaborate on commission-sharing front

Cogent Consulting and MPI Europe have finalised a partnership to help institutional brokerage and investment managers in Europe implement and manage commission-sharing agreements. Under the agreement, MPI will implement Cogent's CSA Trak and CSA Trak BD applications for buy- and sell-side firms in the UK and on the continent. According to Cogent, its Trak offerings transform the complexity of setting up commission-sharing arrangements with a large number of sell- and buy-side accounts into a