Tech vendors court law firms for KID market

Fintech companies seek partners to prepare new Priips disclosure documents

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Automated solution could help banks deal with KID workload

Financial technology vendors are courting law firms to help develop software that can automatically produce European Union-mandated structured products documentation for the incoming Packaged Retail and Insurance-based Investment Products (Priips) regulation.

A number of law firms – understood to include Norton Rose Fulbright, Ashurst and Allen and Overy – have been approached by fintech providers who want to refine IT tools that speed up the assembly and distribution of key information document

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