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Digiterre Wins The ‘Best MiFID II Solution - Trade And Transaction Reporting’ Award At The HFM European Hedge Fund Service Awards 2018

Date 05/09/2018

Working in partnership with Man Group, a global active investment management firm, Digiterre is delighted to have been awarded the ‘Best MiFID II Solution - Trade and Transaction Reporting’ award at the HFM European Hedge Fund Service Awards 2018. The award was given for the design and build of the Man Order Listing Engine (MOLE) platform. The platform is a highly scalable, real-time "Big Data" solution designed to fulfil the MiFID II Trade, Transaction and Best Execution reporting requirements for Man Group, in addition to providing a pan-enterprise, normalised post-trade data set with which to address Man Group’s future regulatory post-trade requirements as the regulatory landscape continues to evolve.

Ian Murrin, CEO and Founder of Digiterre commented on the award:

"We are delighted to receive this award in partnership with Man Group with whom we worked extremely closely throughout this year-long programme, to successfully address the firm’s MiFiD II reporting requirements ahead of the January 3rd deadline.  The award reflects the strength of the partnership and the quality of the joint team, which after a massive combined effort between Digiterre and the Technology, Business and Operations teams at Man Group, delivered a market-leading platform engineered using a state-of-the-art "Big Data" real-time technology stack. This platform pushes the boundaries of how post-trade data is captured, aggregated, normalised and analysed and places Man Group firmly at the very front of the pack in terms of its ability to respond to current and likely future regulatory reporting requirements, because of the quality of its operational and data infrastructure."

Lee Tindell, CTO Man Business Technology:

“We are extremely proud of MOLE. It sets Man Group apart from our peers, in terms of not only solving a significant regulatory requirement, but also gives us an invaluable source of rich data for trade analysis and interrogation across the firm’s diverse and varied asset classes. This achievement was made possible by the trusted collaboration between our Man ~Group and Digiterre. This proved to be a strong technical and cultural fit, which when coupled has led to a market leading solution.”

About the HFM Awards

The annual HFM European Hedge Fund Services Awards are an afternoon of recognition and reward for those hedge fund service providers that have demonstrated exceptional customer service and innovative product development over the past 12 months.  This award is an acknowledgement of the “MOLE” MiFID II Solution built in partnership with Man Group.

HFM-award-group-photo

About MAN Group

Man Group is a global active investment management firm, which runs $112.7bn* of client capital liquid and private markets, managed by investment specialists based around the world. Headquartered in London, the firm has 15 international offices and operates across 25 jurisdictions. Our business has five specialist investment engines, which represent the range of our capabilities: Man AHL, Man Numeric, Man GLG, Man FRM and Man GPM.

These engines house numerous investment teams, working collaboratively within the framework of Man Group, with a high degree of investment autonomy. Each team benefits from the strength and resources of the firm’s single operating platform, enabling their primary focus to be seeking to generate alpha for clients. The teams invest across a diverse range of strategies and asset classes with highly specialised approaches, with long only and alternative strategies run on a discretionary and quantitative bases in single and multimanager formats. Our clients are at the heart of everything we do and we engage in close dialogue with our investors as a strategic partners, to understand their particular needs and constraints. Man Group’s investment teams are empowered and supported by our institutional infrastructure and technology, which aims to facilitate the most efficient exposure to markets and effective collaboration across the organisation.

Through the Man Charitable Trust and sponsorship of the Man Booker Prizes, Man Group is committed to promoting literacy and numeracy on a global scale, and to supporting charitable causes more broadly.

Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com.

*As at 31 March 2018. All investment management and advisory services are offered through the investment “engines” of Man AHL, Man Numeric, Man GLG, Man FRM and Man Global Private Markets (GPM).

About Digiterre

Digiterre is a Delivery-focused Technology Consultancy with almost 20 years of experience in servicing the global Investment Management, Banking, Commodities and Energy Trading communities.  The Company has core expertise in the design and build of enterprise-level front office and middle office technologies including trading, pricing and risk and in the integration, aggregation normalisation and analysis of complex, real-time data sets using leading-edge technologies coupled with strong domain knowledge of trade lifecycles on both the buy-side and sell-side.   Our clients include many of the world’s largest Banks, Hedge Funds, Asset Managers and Energy & Commodities Trading firms.