What is the challenge?
MiFID II extends the requirements of best execution across all asset classes, whilst at the same time establishing a greater number of venues to aggregate.
What is Thomson Reuters doing to help?
We provide state-of-the-art best execution analytics, data and applications to help you prove best execution under MiFID II.
Data, analytics and technology are the keys to proving best execution. As the market leader in aggregated data, we are uniquely positioned to address the relevant requirements of MiFID II.
Our solution has the ability to absorb real-time, reference, tick-history, and client data, and in so doing lets you address the three fundamentals of best execution: reporting, monitoring, and controlling.
Thomson Reuters Velocity Analytics
As well as supporting the production of both RTS 27 and RTS 28 reports, Velocity Analytics includes monitoring capability across the extended asset classes, bringing traditional equities Transaction Cost Analysis (TCA) to a new set of instruments. It also allows companies to apply the necessary controls such as policy effectiveness, calibration and case management ensuring their best execution policies are adhered to and remain effective.