Eze Software Deploys New Platform, Focusing on MiFID II Buy-Side Obligations
- The platform focuses on research evaluation, budgeting, unbundling, and the specification of RPA payments.

The passage of MiFID II is less than six months away, heralding a major shakeup in regulations, transaction requirements, and other reporting obligations. With demand for such management solutions and compliance measures reaching a critical mass, Eze Software has launched a new cloud-based commission management platform. The solution will cater to Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim of satisfying their client’s portfolio demands. Through the analysis and acquisition of underpriced assets, buy-side entities purchase these assets with the prediction that they will appreciate. Moreover, the largest buy-side participants include firms such as BlackRock, The Vanguard Group, and UBS Group to name a few. It is important to note that firms such as BlackRock are able to influence market prices as a result of placing large investments under single entities while the Securities and Exchange Commission (SEC) requires a quarterly 13-F filing for all holdings bought or sold by buy-side managers. What differentiates buy-side investors from other traders would be the advantages that are yielded to them. Buy-side investors not only have access to a much broader range of trading resources and market insight but also tend to possess decreased trading costs through large lot acquisitions. To sum up, firms work with buy-side analysts to provide research recommendations that are kept exclusive to those participants of the firm while all analysts are overseen by regulations set forth by the International Organization of Securities Commissions (IOSCO). The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim of satisfying their client’s portfolio demands. Through the analysis and acquisition of underpriced assets, buy-side entities purchase these assets with the prediction that they will appreciate. Moreover, the largest buy-side participants include firms such as BlackRock, The Vanguard Group, and UBS Group to name a few. It is important to note that firms such as BlackRock are able to influence market prices as a result of placing large investments under single entities while the Securities and Exchange Commission (SEC) requires a quarterly 13-F filing for all holdings bought or sold by buy-side managers. What differentiates buy-side investors from other traders would be the advantages that are yielded to them. Buy-side investors not only have access to a much broader range of trading resources and market insight but also tend to possess decreased trading costs through large lot acquisitions. To sum up, firms work with buy-side analysts to provide research recommendations that are kept exclusive to those participants of the firm while all analysts are overseen by regulations set forth by the International Organization of Securities Commissions (IOSCO). Read this Term clients looking to reconcile MiFID II requirements and straight-through-commission management needs.
The London Summit 2017 is coming, get involved!
MiFID II will necessitate a more rigorous straight-through commission management process on the buy-side. Consequently, venues will face a need for a comprehensive research evaluation process that is calibrated within the MiFID II framework. The group’s newly introduced lifecycle solution will also link up with Eze’s other recently completed MiFID II enhancements.
All-in-one platform
In particular, the solution encompasses the entire range of full commission management lifecycle. This supports a centralized evaluation, one in which tracking and research components are fed directly into a given budget, where unbundled commission amounts are tracked. Eze Software chose specifically to address this process, helping manage research and client-directed budgets from a singular platform. This will in turn aim to help facilitate the reporting of dedicated trade-allocation and commission data to a composite of teams, clients, and regulators.

Bill Neuman
Bill Neuman, Managing Director Product Management & Development at Eze Software, commented: “As the buy-side gears up for MiFID II compliance, there is a greater need for a comprehensive, straight-through commission management process. With this platform, we are unifying the disparate elements of the commission management process into a single holistic cloud solution that enables our clients to fully address MiFID II inducement requirements.”
The deployment of its new commission management platform also follows on the heels of Eze Software’s recent promotion of David Quinlan earlier this month. Mr. Quinlan was tasked to lead the group’s business development, specifically addressing client needs relegated to MiFID II. Today’s platform launch is the latest enhancement under his tenure.
The passage of MiFID II is less than six months away, heralding a major shakeup in regulations, transaction requirements, and other reporting obligations. With demand for such management solutions and compliance measures reaching a critical mass, Eze Software has launched a new cloud-based commission management platform. The solution will cater to Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim of satisfying their client’s portfolio demands. Through the analysis and acquisition of underpriced assets, buy-side entities purchase these assets with the prediction that they will appreciate. Moreover, the largest buy-side participants include firms such as BlackRock, The Vanguard Group, and UBS Group to name a few. It is important to note that firms such as BlackRock are able to influence market prices as a result of placing large investments under single entities while the Securities and Exchange Commission (SEC) requires a quarterly 13-F filing for all holdings bought or sold by buy-side managers. What differentiates buy-side investors from other traders would be the advantages that are yielded to them. Buy-side investors not only have access to a much broader range of trading resources and market insight but also tend to possess decreased trading costs through large lot acquisitions. To sum up, firms work with buy-side analysts to provide research recommendations that are kept exclusive to those participants of the firm while all analysts are overseen by regulations set forth by the International Organization of Securities Commissions (IOSCO). The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim of satisfying their client’s portfolio demands. Through the analysis and acquisition of underpriced assets, buy-side entities purchase these assets with the prediction that they will appreciate. Moreover, the largest buy-side participants include firms such as BlackRock, The Vanguard Group, and UBS Group to name a few. It is important to note that firms such as BlackRock are able to influence market prices as a result of placing large investments under single entities while the Securities and Exchange Commission (SEC) requires a quarterly 13-F filing for all holdings bought or sold by buy-side managers. What differentiates buy-side investors from other traders would be the advantages that are yielded to them. Buy-side investors not only have access to a much broader range of trading resources and market insight but also tend to possess decreased trading costs through large lot acquisitions. To sum up, firms work with buy-side analysts to provide research recommendations that are kept exclusive to those participants of the firm while all analysts are overseen by regulations set forth by the International Organization of Securities Commissions (IOSCO). Read this Term clients looking to reconcile MiFID II requirements and straight-through-commission management needs.
The London Summit 2017 is coming, get involved!
MiFID II will necessitate a more rigorous straight-through commission management process on the buy-side. Consequently, venues will face a need for a comprehensive research evaluation process that is calibrated within the MiFID II framework. The group’s newly introduced lifecycle solution will also link up with Eze’s other recently completed MiFID II enhancements.
All-in-one platform
In particular, the solution encompasses the entire range of full commission management lifecycle. This supports a centralized evaluation, one in which tracking and research components are fed directly into a given budget, where unbundled commission amounts are tracked. Eze Software chose specifically to address this process, helping manage research and client-directed budgets from a singular platform. This will in turn aim to help facilitate the reporting of dedicated trade-allocation and commission data to a composite of teams, clients, and regulators.

Bill Neuman
Bill Neuman, Managing Director Product Management & Development at Eze Software, commented: “As the buy-side gears up for MiFID II compliance, there is a greater need for a comprehensive, straight-through commission management process. With this platform, we are unifying the disparate elements of the commission management process into a single holistic cloud solution that enables our clients to fully address MiFID II inducement requirements.”
The deployment of its new commission management platform also follows on the heels of Eze Software’s recent promotion of David Quinlan earlier this month. Mr. Quinlan was tasked to lead the group’s business development, specifically addressing client needs relegated to MiFID II. Today’s platform launch is the latest enhancement under his tenure.