RBC and Markit join forces for unbundling services
Markit's RPA management service will be underpinned by RBC segregated account structure.
ITG’s RPA tool combines administrative processes and a support team to help the buy-side navigate unbundling requirements.
Instinet establishes a vendor search and credit tracker in response to buy-side feedback, ahead of unbundling requirements.
Moving research payments into the post-trade process could help get around conflict between CSAs and RPAs.