Start Coding Investment Research: How to Implement MiFID II with Robots and AI

by Joséphine de Chazournes, December 23, 2016
Industry Trends
Global

Abstract

Celent has released a new report titled Start Coding Investment Research: How to Implement MiFID II with Robots and AI. The report was written by Joséphine de Chazournes, a Senior Analyst in Celent’s Securities & Investments practice.

Technological breakthroughs in narrow artificial intelligence (AI), developments in robotic process automation (RPA), and the advent of the cloud are enabling groundbreaking changes of investment research business models.

A wide range of business models are emerging, from standard automatically produced RPA+NLG notes to high end personalized insight enhanced by RPA and AI analysis.

A myriad of distribution niches will be available to respond to various client needs: lower costs, independence, higher quality, etc. thanks to RPA and AI technology, but also to cloud.

Digesting data and insight, selecting the good value for money, data, and insight, monitoring the compliance of consumption, and being able to pay for data in a compliant way are the focus of the new consumption models.

“The disruptive models will adapt to the new sharing, distributed, and disintermediated economy by providing not only production but also client interaction in the cloud, and putting the client in the driver’s seat,” de Chazournes said.

“Research providers will differentiate the cost and quality of the end product by choosing the mix of human and machine interaction that is most suited to their clients’ needs,” she added.

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally based analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly-owned subsidiary of Marsh & McLennan Companies [NYSE: MMC].

Media Contacts

North America
Michele Pace
mpace@celent.com
Tel: +1 212 345 1366

Europe (London)
Chris Williams
cwilliams@celent.com
Tel: +44 (0)782 448 3336

Asia (Tokyo)
Yumi Nagaoka
ynagaoka@celent.com
Tel.: +81 3 3500 3023

Table of Contents

Executive Summary

1

 

Key Research Questions

1

Introduction

2

 

MiFID II and Research Unbundling

2

 

New Research Business Models

2

Research Production

4

 

Business Model

4

 

Technology and Case Studies

5

Research Distribution

8

 

Business Model

8

 

Technology and Case Studies

9

Research Consumption

12

 

Business Model

12

 

Technology and Case Studies

12

Conclusion

14

Leveraging Celent’s Expertise

15

 

Support for Financial Institutions

15

 

Support for Vendors

15

Related Celent Research

16

Sign in to download reports and access personalized information