Red Deer and Cappitech are partnering to offer a combined MiFID II and MAR compliance solution for investment managers. Under the partnership, the two businesses will offer the other’s services to their respective client bases, with a view to providing a seamless integrated solution that helps compliance teams manage the complexities of the regulations.

Red Deer’s solution helps compliance teams mitigate risk and increase confidence in their approach to solving for market abuse regulations by leveraging data and analytics for best practice, while Cappitech’s MiFID II solution includes MiFID II Transaction Reporting, Best Execution Monitoring, RTS 27/8 Reporting, RTS 28 Market Intelligence and Trade Reconciliation.

“Our Holistic Surveillance solution delivers value from intelligently surfaced, relevant and correlated data, enabling investment management firms to confidently manage their regulatory obligations with maximum efficiency,” said Alistair Downes, Vice President of Product at Red Deer. “The partnership with Cappitech now enables us to help our clients seamlessly meet the requirements of transaction reporting and best execution under the regulations, without affecting their investment or operational workflow.”

“This partnership provides multiple benefits for investment managers who are all demanding seamless, integrated regulatory solutions across multiple jurisdictions. Our goal is to provide efficient, cost-effective solutions that also drive added value, and the addition of Red Deer’s Holistic Surveillance solution to our offering supports this,” said Ronen Kertis, CEO at Cappitech. “We are also looking forward to supporting Red Deer’s clients, as they look to integrate our regulatory reporting solutions into their existing services.”