Instinet Announces Two Additional Tools to Plazma Online Account Management Platform

Instinet Announces Two Additional Tools to Plazma Online Account Management Platform
03.02.2017 08:00 am

Instinet Announces Two Additional Tools to Plazma Online Account Management Platform

Platform Technology

Instinet Incorporated announced today that it has added two new tools to its award-winning Plazma online account management platform: Vendor Search and Credit Tracker.

Vendor Search helps users to efficiently find research providers by searching multiple categories, including sectors and specialities. Credit Tracker, designed to be MiFID II ready, helps provide customers with functionality to track and manage Commission Sharing Agreements and Research Payment Accounts. Instinet Europe is authorized by the Financial Conduct Authority (FCA) as a Payment Institution, and provides cash management services that are consistent with the RPA approach. In addition, Plazma has undergone a refresh making it easier to navigate, which includes a snapshot of account standings, and customizable tables to quickly receive data for onsite and exported viewing.

“The additions of these new innovative features to Plazma are a direct result of working collaboratively with our clients to address their needs in an ever-evolving marketplace and regulatory environment,” said Luke Mauro, Global Head of Operations at Instinet Incorporated.

Developing solutions for MiFID II implementation

Instinet Europe announced its authorization from the U.K. FCA as a Payment Institution in August 2015.  “Instinet has been working with clients and regulators to develop practical solutions that support the regulatory approach set out in MiFID II. In becoming a Payment Institution, we expanded the breadth of our offering to support all research payment models, including CSA and hard dollar approaches. A key component of this offering is our ability to safeguard the research payment money we administer for our clients. Our commitment to providing an innovative and comprehensive client solution is further evidenced by the recent functional and aesthetic upgrades to Plazma,” said Patrick Gill, Head of Commission Management EMEA at Instinet Europe Limited.

Related News

Findr launches AI matching platform to help fintechs grow safely during lockdown

Findr has launched operations in London with the vision of becoming the leading global technology platform for... Read more »

Samsung and SoFi introduce money management tool

Electronics giant Samsung has partnered US digital lender SoFi on a mobile-first money management platform and Mastercard debit card.

... Read more »

Kompli-Global and Yoti team up to tackle fraudsters and money launderers with verified identities

Kompli-Global, the leading RegTech AML specialist, has formed a strategic partnership... Read more »

Nationwide study reveals that 73% of UK business leaders expect COVID-19 to spark a new wave of workplace and industry automation

Pod Group, a provider of platforms, software and connectivity services for... Read more »

Proteus launches new technology after successful trials with free offer during COVID-19 crisis

A new digital platform, that is set to revolutionise business operating models and boost profits, has been launched today, after a successful Beta trial with a dozen companies... Read more »

NetSuite implementation specialist Threadgold Consulting brings Sidetrade's AI tech to SMEs

Sidetrade, (Euronext Growth: ALBFR.PA) the B2B Artificial Intelligence platform, is proud to extend the value of their AI platform, leveraging a new partnership with Threadgold... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel