To assist clients with their RTS 27, RTS 28 and Delegated Acts Art 65(6) (DA65(6)) obligations, Simplitium have partnered with industry expert BestExHub for their Best Execution reporting services.
BestExHub provides an independent Best Execution reporting platform to help firms meet their regulatory RTS 27, RTS 28 and DA 65(6) obligations. The cloud-based service allows firms to publish and download market wide Best Execution Quality Reports across all MiFID II asset classes.
"We are pleased to announce this partnership to help our clients meet their RTS27, RTS28 and DA65(6) obligations. With less than two weeks until firms need to have implemented a RTS 28 and DA65(6) best execution reporting solution, this partnership is ideal to help our clients comply," says Carl Nilsen, Sales Director at Simplitium.
Simplitium have a large proportion of clients who are in need of a simplified and flexible Best Execution reporting service. By partnering with BestExHub, Simplitium is able to offer clients exactly that. The partnership brings together the respective strengths of Simplitium and BestExHub to offer a clients a comprehensive suite of MiFID II transparency services.
For further information, please contact:
+44 (0)20 3735 4981
By listening and responding to the market, Simplitium (formerly known as Boat Services) transforms complex challenges into flexible, scalable and secure solutions. Simplitium’s services help firms achieve greater efficiency and transparency in their daily operations, from regulatory compliance and cost management to catastrophe risk management.
As a subsidiary of Cinnober, one of the world’s leading clearing and trading technology providers, Simplitium has the stability and structure to ensure secure and reliable delivery of world class services that cover the entire transaction chain. For further information, please visit www.simplitium.com.
BestExHub is a European cloud-based Best Execution reporting platform designed to help firms comply with the increased Best Execution reporting obligations under MiFID II. The service allows firms to publish and download market wide Best Execution Quality Reports across all asset classes under MiFID II RTS 27, RTS 28 and DA65(6) and thus helps facilitate the regulatory requirements. For more information, please visit www.bestexhub.com.