Schroders Rolls Out Commcise Research Evaluation Platform
Commcise, the award-winning provider of fully integrated end-to-end commission management, research evaluation and reporting solutions for investment management firms, is delighted to announce the on-going deployment of its CommciseBUY research valuation platform at Schroders, the world-class asset manager operating from 27 countries across Europe, the Americas, Asia and the Middle East.
The Commcise functionality used by Schroders includes research and interaction evaluation; broker voting and allocations. Schroders investment professionals are using both the traditional web interface and the mobile app, which supports ‘on-the-move’ evaluation of research services.
The implementation was undertaken by a joint Commcise and Schroders team, including integration with Schroders’ internal research management system.
Angus Bogle, co-Head, Equities Management at Schroders, said: “Schroders chose Commcise after a detailed selection process, which was focused on ensuring we would meet our internal standards on research transparency. As a global asset manager, with investment teams consuming research in several locations, we have a demanding process to ensure we are paying appropriately for research services. Commcise was selected as it was the best match to our requirements and we received positive references from other Commcise clients, who have used Commcise for several years. We have been pleased with the support of the Commcise team during the implementation of CommciseBUY.”
Paul Charie, Commcise Global Head of Sales commented: “We were delighted to add Schroders to the impressive list of clients already using Commcise. Schroders’ deep understanding of the research management business process has ensured that our joint implementation team achieved the system go-live in line with the timetable. Schroders input into the on-going development of the CommciseBUY platform has been highly valuable. We look forward to continuing to build a long-term business relationship with Schroders as our industry evolves in the coming years.”
Upstart exchange has seen market share increase to near 4%.
Goldman Sachs Asset Management’s fundamental equity business manages over $20bn in thematic equities.
Data extraction and integration is the second stage of a digitization process.
With Ankit Mittal, Business Change Manager, Global Trading, Schroders
IIGCC and lead investors will launch a pilot with companies including BP, Eni, Repsol, Shell and Total.