Red Deer MiFID II Industry Survey 2017 Question Title * 1. Can you please indicate on which side of the industry you are working with: Sell side Buy side Question Title * 2. What type of firm do you work for? (Please select the closest description from the options below) Sovereign Wealth Fund Public Pension Foundation Endowment Family/Multi Family Office Consultant/Advisor High Net Worth Individual Asset Manager Broker Research House Question Title * 3. How much do you expect to spend in legal costs in drafting and negotiating research agreements? < £50,000 £50,000 - £100,000 £100,000 - £250,000 >£250,000 Question Title * 4. What do you estimate the additional operational costs associated with managing research will cost your firm in 2018? < £50,000 £50,000 - £100,000 £100,000 - £250,000 £250,000 - £500,000 £500,000 - £1m > £1m Question Title * 5. What is the number of research providers your firm will need to reach an agreement with before January 2018? <5 5-10 10-15 15-20 20-25 >25 Question Title * 6. Will you be changing the number of research providers you currently use in advance of January 2018? Yes No Question Title * 7. If you answered yes to question 7 then please can you indicate the following: Increasing Decreasing Question Title * 8. Are you having difficulty arriving at a suitable bundling of research products, i.e. the way research is packaged, e.g. waterfront, by sector, by asset class? Yes No Question Title * 9. Are you concerned about monitoring readership and interactions data, particularly the risk of conflicting consumption metrics? Yes No Question Title * 10. Are you evaluating the breadth of your research spend: number of providers vs. the depth (ie: number of areas covered per provider)? Yes No Question Title * 11. Do you have a clear framework to evaluate the type, level and quality of research services before and after reception and consumption? Yes No Partially Unsure how to develop framework Done