LONDON, Dec. 6, 2017 /PRNewswire/ -- Abel Noser
Solutions and FactSet Research Systems announced today
that they have teamed up to create a comprehensive MiFID II best
execution and reporting offering for FactSet clients and their
affiliates. The service provides fund managers comprehensive
regulatory/compliance reports, end client best execution review and
analysis, internal review including broker/venue analysis and
commission comparisons along with execution consulting.
Commenting on the announcement, Peter
Weiler, President of Abel Noser Solutions said, "We are
thrilled to work closely with FactSet to provide our suite of
products to satisfy specific requirements brought about by MiFID II
regulation. This watershed event brings new challenges not only to
our mutual clients domiciled in Europe, but for many clients around the globe.
Our partnership addresses those challenges by helping clients
remain compliant and competitive in the changing investment
landscape."
Nupen Shah, Director of EMEA at Abel Noser Solutions in
London adds, "This is a really
exciting first step in our collaboration with FactSet to provide
multi-asset transaction costs analytics. Our partnership will
initially focus on MiFID II best execution compliance and reporting
for Cymba IMS Clients, and will make them well-positioned to
leverage our value-added alpha capturing applications."
"As clients demand a seamless workflow around MiFID II
compliance and reporting, I am happy to welcome Abel Noser into the Channel Partner Program. The
tools that Abel Noser offers further
strengthen the Cymba offering for the current regulatory demands
around MiFID II and future needs," said Dave Hannibal, Global Manager of Channel Partners, FactSet.
About Abel Noser Solutions
Abel Noser Solutions has
long been respected as a leader in the campaign to lower the costs
associated with trading. With over 500 clients worldwide, Abel
Noser Solutions offers software products along with consultative
and bespoke services in the areas of trade analytics, compliance,
and trade surveillance. The firm continues to hold its place as the
leading innovator in TCA, compliance software, and service
solutions. Learn more at www.abelnoser.com.
About FactSet
FactSet (NYSE:FDS | NASDAQ: FDS) delivers superior
analytics, service, content, and technology to help more than
85,000 users see and seize opportunity sooner. We are committed to
giving investment professionals the edge to outperform, with fresh
perspectives, informed insights, and the industry-leading support
of our dedicated specialists. We're proud to have been recognized
with multiple awards for our analytical and data-driven solutions
and repeatedly ranked as one of Fortune's 100 Best Companies to
Work For and a Best Workplace in the United Kingdom and France. Subscribe to our thought leadership
blog to get fresh insight delivered daily
at insight.factset.com. Learn more
at www.factset.com and follow on Twitter:
www.twitter.com/factset.
Media Contact:
Dennis
Dobson
Dobson Media Group
(T) +1 (203)
258-0159
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SOURCE Abel Noser