RSRCHXchange Helps Linear Investments to Improve the Research Procurement Process within MiFID Compliance

  • Investment
  • 14.07.2016 01:30 pm

Linear Investments has selected RSRCHXchange to enable their hedge fund clientele to access and track research consumption in a MiFID II compliant way.

Linear Investments provides tailored prime brokerage services to start-up, small and mid-size hedge funds that are not effectively serviced by the larger prime brokers. Linear provides their hedge fund customers with full prime brokerage, custody and execution services; fully serviced trading desks via their Hedge Fund Hotel, offering access to global liquidity; FCA umbrella services, including set-up and FCA authorisation support; and capital introduction via its B&L Seeder Fund. 

Partnering with RSRCHXchange, Linear can now offer its hedge fund community direct access to alpha-generating institutional research from over 140 providers on the RSRCHX platform, as well as the ability to track research procurement and consumption in real time, via the integrated dashboard, with Linear acting as CSA manager. 

Built in consultation with asset managers and research providers, RSRCHX is a research aggregation, procurement and management platform that enables institutional asset managers to buy research in a more efficient, transparent and auditable way. The RSRCHX dashboard offers an automated way for asset managers to track firm-wide research consumption, to rate and evaluate the content they receive, to improve the procurement process and to ensure MiFID II compliance.

Jerry Lees, Chairman of Linear Investments, said: “The RSRCHX platform is a pivotal addition to Linear’s offering, permitting our hedge funds, family offices and asset managers to easily access, procure and pay for MiFID II compliant and unbundled research. The RSRCHX platform impressively makes the full text of every research note searchable- allowing our clients to find any relevant reports from both existing and new providers. Additionally, reports can be seamlessly purchased with hard or soft dollar in accordance with existing budgeting, compliance and oversight processes. Our clients look to us to provide a range of services to help them grow and RSRCHX is a great fit with our efforts to satisfy that demand.”

Jeremy Davies, Co-Founder of RSRCHXchange, commented: “We are thrilled to be working with Linear Investments to enable their hedge fund clients access institutional research via our platform. As a specialist prime broker and an award winning hedge fund incubator, Linear delivers a tailored and efficient full suite of services supporting the growth of their hedge fund clients. We are excited to be a part of that offering, by giving hedge funds at all stages of corporate growth an automated and MiFID II compliant procurement process with the ability to track, rate and evaluate their research consumption in real time. This partnership expands our ever-increasing client base and we look forward to working with Linear Investments and their growing universe of customers in the future.”

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