FundsLibrary helps buy side increase distribution opportunities and comply with regulations.
Institutional traders seek cloud-based voice data solutions.
MiFID II has shown that research supply exceeds demand.
Aim is to shed light on the complexity of European market structure.
Regulators want a real-time consolidated tape for equities across the EU.
Majority of firms are also not monitoring best execution despite this being mandated.
The global permeation of MiFID II will be a three- to five-year process, exec says.
MiFID II has not delivered on its objective to reduce the cost of market data.
Fee compression is responsible for 80% of the decline.