Nordea implements CommciseBUY to deliver MiFID II Research Payment Accounting

Commcise has confirmed the successful implementation of CommciseBUY at Nordea Asset Management (Nordea), the asset management division of the largest financial services group in the Nordics.
The Commcise solution delivers an end-to-end commission management and research evaluation processing capability to support Nordea’s transition to MiFID II Research Payment Account (RPA) compliance well in time for the January 2018 deadline.
Amrish Ganatra, CEO at Commcise, stated: “We are delighted to welcome Nordea as a client and to have become a key partner in their commission management and research evaluation process.” He added, “this project, delivered on time and within budget, is providing a single end-to-end, cloud based solution, with all the functionality required in a secure, cost effective manner.”