New York and London - Thomson Reuters, in partnership with Visible Alpha, has launched multiple joint-solutions in its financial desktop Eikon to enable financial institutions to manage impending MiFID II research unbundling requirements, set to be implemented January 3, 2018.
These tools allow buy-side professionals to track corporate access and sell-side interactions, manage the research valuation process, review and vote on research provider value, and manage inducements.
Visible Alpha's ONEaccess Resource Tracking application enables Eikon users to monitor, integrate and analyze their broker interactions and research consumption from research providers in an aggregated manner. By employing a proprietary process, ONEaccess Resource Tracking sources and cleans interactions data from hundreds of contributing brokers and provides transparency into what buy-side clients are consuming.
In addition to ONEaccess Resource Tracking, Thomson Reuters will be offering Visible Alpha's ONEaccess Broker Vote application within Eikon. With access to Broker Vote, users can populate recommended benchmarks based on weighted interactions data to understand the value received across all research relationships as well as run a budget-based vote.
The third application available in Eikon is Visible Alpha's ONEaccess Forward Calendar, a configurable calendar of corporate access events sourced from more than 150 research providers. Users can request access to attend events and manage their activity with integration into Outlook and CRM systems.
Thomson Reuters and Visible Alpha intend to further partner on capabilities that address MiFID II needs including integrated entitlements management.