In an effort to alter the way firms use and distribute research, and to separate out the cost of that from pure execution, unbundling rules came into force in 2018 with the advent of Mifid II. But in order to navigate the tricky rules of research unbundling, both sell-side and buy-side firms, as well as research providers, need to collect data on how research is consumed and where. Data will provide much-needed insight for the buy side into how to set budgets and select the best providers that