Dealogic and ITG Collaborate on Complete Buyside Solution
Financial platform company Dealogic announced a collaboration with ITG, a leading independent broker and financial technology provider.
With this arrangement, asset managers who use Dealogic Connect for reconciliation and evaluation of bank activities will have seamless access to the ITG Research Payment Account (RPA). This allows European asset managers to fund their RPAs with a research charge alongside the execution, in a manner that can be operationally similar to a traditional Commission Sharing Agreement (CSA). RPA accounts managed by ITG are held in a bank account at a major global bank in Europe, segregated from brokers’ funds, administered by ITG and controlled by the asset manager.
“This is just another proof point that Dealogic Connect offers an easy and comprehensive solution for buyside firms,” noted Jody Drulard, Dealogic’s Chief Product Officer. “We know commission management is top-of-mind, by collaborating with ITG we ensure firms can use whatever provider they want.”
Jack Pollina, ITG’s Global Head of Commission Management, commented, “With the MiFID II implementation date quickly approaching, asset managers will need global partners to provide end-to-end solutions. Working together with Dealogic enables us to provide clients with the tools they need to address the compliance and reporting challenges that lie ahead.”
Dealogic Connect offers a seamless electronic connection between the buyside and sellside. Investment firms can reconcile and evaluate all bank-provided activities, ensuring a complete audit trail satisfying MiFID II regulatory needs, as well as input IOIs to their brokers on primary markets issuance.
Dealogic offers integrated content, analytics, and technology via targeted products and services to financial firms worldwide. Whether working in capital markets, sales and trading, banking, or the buyside, firms rely on Dealogic’s platform to connect and more effectively identify opportunities, execute deals, and manage risk. With 30 years’ experience and a deep understanding of financial markets, Dealogic is a trusted global partner. For more information on Dealogic, visit www.dealogic.com
Investment Technology Group applies technology and trading expertise to reduce implementation costs, helping clients improve investment performance. ITG is a leading provider of commission management services including research payment and budget capabilities and offers both traditional CSA and aggregation services worldwide as well as RPA administration services for asset managers with registered operations in Europe. ITG provides access to a network of more than 5,000 research providers, brokers and vendors worldwide. ITG’s commission management team of more than 30 experienced client service, ﬁnance and operations professionals in Europe, North America and Asia Paciﬁc, are dedicated to guiding clients in their global RPA management. ITG was ranked #1 for CSA service and execution quality among mutual funds and hedge funds in the 2016 Greenwich Associates U.S. survey. For more information, visit www.itg.com.
Om Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
Entersekt Partners With ForgeRock20.2.2018 06:00 | Pressemelding
Entersekt, a pioneer in mobile-first authentication and e-commerce enablement, announced today that it has joined the ForgeRock Trust Network as a principal technology partner. ForgeRock is a leading provider of identity and access management solutions to a wide range of industries, including financial services, retail, healthcare, higher education, and communications, in addition to governments like Belgium, Canada, New Zealand, and Norway. Entersekt’s advanced mobile app security, authentication, and digital signing technology is now available to ForgeRock’s customers as a convenient means of securing consumers, citizens, services, and connected devices. Built on open standards, Entersekt’s software integrates seamlessly with omni-channel identity and access management systems like ForgeRock’s. But by aligning closely on a technical and business level, the two companies are better able to unlock value for their shared customer base from product design to support. “As Entersekt did wi
Zonoville Investments Limited Announces Agreement on Acquisition of RUSAL Shares19.2.2018 18:19 | Pressemelding
Zonoville Investments Limited, a consortium of investors led by Renova Group and Access Industries, announced today that it had reached an agreement with Onexim Group to purchase its 6% stake in the United Company RUSAL Plc. Following completion of the purchase, Zonoville Investments Limited and its associate SUAL Partners Limited will hold, in aggregate, approximately a 26.5% interest in United Company RUSAL Plc. About Renova Renova Group of companies (www.renova.ru) is a major private Russian business group which owns and manages assets in metallurgy, mining, chemical, construction, transport, energy, telecommunications, high-tech engineering, public utilities, medicine and financial sectors in Russia and abroad (CIS, Switzerland, Italy, South Africa and the United States of America). Renova’s largest assets include its interests in UC Rusal, T Plus Group, OCTO Telematics and Swiss-based technology concerns Schmolz+Bickenbach, OC Oerlikon, and Sulzer. About Access Industries Founded
The Digital Health Technology Show: The Leading Show for Healthcare Innovation Comes to London19.2.2018 18:05 | Pressemelding
Medical innovation will take centre stage for 2018, at the largest wearables and disruptive health technology event in the world, with never before-seen devices and applications and a raft of industry-leading speakers. The Digital Health Technology Show returns to London on the 13th & 14th March 2018 at London’s Excel, gathering together more than 6,000 attendees and over 100 exhibitors. The 2018 Conference programme boasts three tracks, with over 100 hours of content programmed. Attendees can choose to attend talks on the Digital Health Disrupt Stage – covering global innovation in healthcare, the Leadership Theatre – where senior healthcare figures in the UK will discuss and debate the challenges ahead, or the Patient Engagement Stage – delivering insights into how technology is being used in the real world. There will also be demonstrations of the latest medical innovations on the Innovation Stage, which will also host a start up competition – The Health Innovation Award. Over 200 s
World Patient Safety Summit is Sold Out But Space is Available at the Breakout Sessions, Held the Day after the World Summit, at the Royal Society in London19.2.2018 13:00 | Pressemelding
The latest advances in vaccine safety, reducing unnecessary C-sections and person & patient engagement will be among the varied breakout sessions offered the day after the 6th Annual World Patient Safety, Science & Technology Summit in London by the Patient Safety Movement Foundation. The breakout sessions will convene on Sunday, February 25, 2018 at the prestigious Royal Society, the independent scientific academy of the United Kingdom and the Commonwealth, dedicated to promoting excellence in science. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180219005119/en/ Limited Space available to participate with experts at the 6th Annual World Patient Safety, Science & Technology Summit Break Out Sessions at the Royal Society in London (Photo: Business Wire) The breakout sessions are full-day working meetings structured for shared learning on existing Actionable Patient Safety Solutions (APSS) – collaborative, evidence-based pro
Tampere Attracts AV Productions with a New Incentive19.2.2018 12:41 | Pressemelding
One of the City of Tampere’s strategic goals is to be an international meeting place for creativity and innovation. The development of the experience economy is an essential focus of the city’s business policy. The incentive system is being used to attract more local, national and international productions to the Tampere region. The goal is to promote the development of the industry and to increase the number of jobs and the turnover of commercial productions in Tampere. Through the incentive system, an audiovisual production may recover some of the costs it has spent on wages and service purchases in the Tampere region. A production meeting the incentive criteria may be refunded 10–15 per cent of the accepted costs accrued in the region. Professional productions that utilise the Tampere region as their location or use expertise from the area may apply for the incentive. Thanks to the growing number of productions, Tampere will become more visible in films and TV shows, which will add
Tempo Grows Revenue by 38% in 2017 to $17.9 Million19.2.2018 11:14 | Pressemelding
Tempo, creator of efficiency-enhancing project management software solutions for Atlassian’s Jira platform, announced strong results for its 2017 fiscal year ending December 31, 2017. “2017 marks another productive and successful year for Tempo, with December our highest grossing month ever and sales across our product range exceeding expectations,” commented Agust Einarsson, CEO, “The completion of our new cloud infrastructure and successful migration of our entire customer base to Amazon Web Services (AWS) marks a strategic milestone, empowering Tempo with a more scalable underlying platform and enabling us to deploy products to customers faster.” Highlights for 2017 include: Revenue grew 38% year-over-year to US$17.9 million Almost 2,000 new customers were acquired Launched our new cloud infrastructure Expanded product footprint beyond the Atlassian environment with Tempo for Slack North American operations continued to grow More than 120 partners worldwide Celebrated our 10-year an