British fund manager Schroders has implemented the CommciseBUY research valuation platform from Commcise, a provider of integrated commission management solutions, to assess the quality of research it gets.
The fund manager will use the platform for research and interaction evaluation, broker voting and allocations.
The firm will utilise the solution with a traditional web interface as well as a mobile app in order to facilitate on-the-move assessment of research.
Schroders co-head of equities management 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.”
The solution has been integrated with the fund manager’s internal research management system.
The implementation work has been carried out by a team comprising personnel from both the companies.
Commcise global head of sales Paul Charie added: “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.”