equinet Bank to implement Singletrack’s MiFID II - ready relationship and research distribution platform for its expanding European brokerage service

The research and sales division of Frankfurt based equinet Bank AG, one of the leading German Small- and MidCap brokers, is a member of the European Securities Network (ESN); it covers 600 European firms, providing research, sales and trading services. Having reviewed the processes supporting its expanding equities team and needing to meet clients’ requirements under the MiFID II research unbundling regulations, equinet decided to seek a specialist sell-side CRM and research distribution solution.

Goetz Gollan, Chief Operating Officer at equinet Bank said: “Delivering high quality, relevant research, and coordinating resources to give clients the best possible service, calls for best practice processes and the technology to enable these. And with MiFID II also driving the need for higher levels of transparency and reporting, we also needed a more advanced, and flexible, client relationship solution with comprehensive research distribution functionality. After looking at several options we concluded that the Singletrack Edge platform would enable us to meet our regulatory reporting requirements, boost in-house productivity and equip us even better to help our clients maximise their investment returns.” 

Singletrack CEO, Stuart Berwick commented: “Singletrack Edge is a complete, integrated MiFID II - ready solution covering capital markets client relationships, roadshows and distribution management that’s underpinned by a proven best practice methodology. While equinet will gain multiple operational benefits from Singletrack, it will also acquire a new raft of client consumption intelligence that will not only enable it to meet its client reporting obligations under MiFID II, but will also ensure that all related services can be monetised on a fully transparent basis.”

About equinet Bank AG

Formed in 1999, equinet Bank AG provides customised capital market solutions to small and medium-sized companies and high quality research and sales services for institutional equity and bond investors. It offers a broad range of corporate finance services, including M&A, as well as IPOs, capital increases, and ECM/DCM secondary placements. The trading division is one of the leading designated sponsors in Germany, lead broker for 400 stocks and 2,400 bonds listed on Frankfurt Stock Exchange, and provides its customers with access to the major execution venues.