Red Deer, Westminster Ally for MiFID II Research Solution
The end-to-end solution will remove potential conflicts in research valuation and payment.
Officials say the solution—developed under Westminster’s Westminster RPA business, an outsourced budgeting, payment allocation and regulatory reporting platform—will enable asset managers to remove any scope for conflict by valuing and paying for research independently from trade execution, thus meeting the regulatory requirements under MiFID II, while also delivering operational efficiencies.
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