Single Dealer Platforms, Often Single-Product Focused And Complicated, Must Evolve To Meet Buyside Requirements - UBS Neo Examined As A Pioneer Of The Next Generation Of Integrated Digital Investment Banking Solutions

GreySpark Partners, the Capital Markets consultancy, announced today the publication of a new research report examining the state of banking platforms from the perspective of professional investors. This report, Digital Investment Banking – beyond Single-dealer Platforms, is targeted at the buyside and outlines how e-commerce in general, and single-bank platforms in particular, need to evolve to help their users adapt to a multi-asset, more transparent and regulation-heavy world.

The report finds that although e-commerce has become prevalent in most asset classes, and despite the increasing sophistication of the tools deployed by the Sellside, the actual approaches have changed very little. However, clients’ requirements and expectations have changed significantly and continue to evolve. As a consequence, the shelf life of the majority of single-dealer platforms, which still focus on research and execution for a single asset class, has been dramatically reduced.

Shaped by users’ demands, new regulations and technological innovations, a new type of e-Commerce solution is emerging: the integrated Digital Investment Banking platform. Frederic Ponzo, GreySpark managing partner and co-author of the report, said: “A typical investment bank exposes several different websites, portals or Internet applications to its clients; it is inefficient and creates confusion for buyside users. To address the needs of the investor community, the next generation of e-commerce solutions must put the user back in the driving seat, be compliant today yet ready for tomorrow, offer holistic coverage and above everything else, take away unnecessary complexities.“

The report also looks into UBS Neo and evaluates how the Swiss bank’s recently launched platform compares against this new e-commerce paradigm. Anna Pajor, Senior Consultant at GreySpark added: “UBS Neo has the clear ambition to cover all asset classes across their entire life cycles in a very flexible, yet integrated way. To do so, UBS took inspiration from the leading Internet innovators in order to conceive an intuitive and user-centric platform that is tailored for professional investors.”

For further information on the GreySpark’s research, please visit: http://research.greyspark.com or e-mail: research.reports@greyspark.com