Rheos Capital Works, a privately-owned boutique investment manager based in Tokyo, has selected Bloomberg’s buy-side solutions.
The firm, which has investment focus on Japan as well as global equity markets, has selected the service to optimise operational workflow in research and compliance management.
Rheos said it will using Bloomberg’s Research Management Solutions for research workflow and Bloomberg Vault for communications archiving and surveillance.
Hideto Fujino, president and CIO at Rheos Capital said, “Rheos Capital’s investment philosophy is centered on high growth companies in Japan, while producing long-term capital returns. To support our investment strategy and business growth, we decided to adopt Bloomberg’s buy-side solutions, so our investment managers can share trade ideas and conduct in-depth market analysis on the go, allowing our teams to move faster and achieve greater efficiencies in our workflow.”
Bloomberg Research Management Solutions (RMS) enables the integration of the Bloomberg Terminal’s data, analysis, trading and collaboration tools with a firm’s proprietary research, data, and investment ideas.
Utilizing the platform, Rheos said it will boost both investment efficiency and internal collaboration, combining analytics, third party market research and Rheos’ in-house research insight, into a platform accessible at any time across the organisation.
Bloomberg Vault is an information compliance and archiving platform with communications surveillance, compliance services, active policy management, extensive search capabilities, analytics and information governance for corporate email and instant messages, as well as all messaging content on the Bloomberg Terminal.
It offers firms the ability to consolidate all records from trade, communications and voice, to files and documents into one tamper proof compliant archive for record keeping.
Earlier this year, MiFID II launched to increase compliance requirements, with an aim of safeguarding market quality, regaining consumer trust, providing robust levels of investor protection and increasing transparency throughout the industry.
The regulation also laid out the new requirements relating to the recording of all client calls and the creation of written notes of face-to-face client meetings. It requires the recording of all conversations and communications with clients that ‘relate to or intend to lead to the conclusion of a transaction‘, marking a dramatic shift in the day-to-day operations of financial firms of all sizes.
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