Thomson Reuters Integrates and Enhances MiFID II Research

New entitlement solution and product alignments will help drive compliance and greater productivity for buy-side clients

Thomson Reuters has integrated and enhanced its robust research capabilities on its flagship financial desktop Eikon, part of its ongoing commitment to help  financial institutions manage impending MiFID II research unbundling requirements set to be implemented in January, 2018.  These are part of a series of research unbundling solutions that Thomson Reuters will continue to make in 2017 through new products and third-party partnerships.

The new Thomson Reuters MiFID II Entitlements Solution features upgraded entitlement granularity to meet brokers’ flexible segmentation requirements.  It provides seamless entitlement request and response functionality for the sellside and buyside through our Research Management Console, and a comprehensive Research Entitlement API for contributor CRM integration.  Furthermore, to support buyside clients’ regulatory reporting requirements, Thomson Reuters has also enhanced its readership reporting systems with better usage tracking.

MiFID II imposes a series of new restrictions and structures on research use by financial institutions, specifically how research is paid for and managed by the institution.  The rule effectively eliminates free research or research paid based on specific trading or investing decisions.  To help clients navigate these research unbundling challenges, Thomson Reuters Eikon research solutions provide users the ability to objectively assess sell-side analyst quality, manage entitlements to external research, gain insights quicker through improved research discovery, and effectively evaluate a firm’s research team.

“The unbundling requirements are a game-changer with respect to the research segment of the financial services industry, forcing companies to radically alter what are long-standing business practices,” said Mahesh Narayan, head of portfolio management and research, Thomson Reuters.  “Our established research capabilities make Thomson Reuters well-positioned to provide unbiased and powerful solutions that help clients navigate and comply with MiFID research unbundling requirements.  In addition to developing our own products, as an open platform, we are committed to partnering with third-parties that adds further value to our Eikon users.”

Powered by Thomson Reuters Intelligent Tagging, and using Eikon’s Advanced Research Search, and Search & Discover capabilities, Eikon users can quickly and easily find the most relevant and valuable research through analyst rankings, specific themes, companies, individuals, data points, keywords and other related search topics.