At Regulatory Behest, BlueMatrix Takes Research Usage Tracking Into The Post-Privacy Era

As international compliance rules tighten – and US regulations could be going in the opposite direction -- the institutional research market is on the verge of its own macro trend shift. European regulators are requiring institutional investors who consume research track and justification purchases. For an independent firm such as BlueMatrix, the world’s largest independent publisher of investment research, the shift could present opportunity. With new MiFID II regulations applying to asset managers doing business with EU members, new requirements to document and justify their research spending could create problems that automation might alleviate.

In addition to impacting every institutional investor operating in Europe, a recent ITG survey indicates that 43% of North American asset managers expect to be affected by MiFID...