Hedge fund Engadine Partners has selected Red Deer’s MiFID II research management option. Engadine will use the solution to manage inducement risk, track research consumption across channels, assess value, and manage budgets in compliance with MiFID II. The firm will subsequently be able to conduct broker votes based on consumption and valuation metrics. The solution captures and attributes research consumption across email, chat and voice channels, and includes an Outlook plugin and mobile application. Its budget management function allows firms to allocate budgets at the fund, strategy or individual level and track contributions, with alerting to monitor budgetary thresholds.
A-Team Insight Briefs
Engadine Selects Red Deer’s MiFID II Research Management Solution
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Now in its 5th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
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