Is IT Mifid-ready?

Risk staff
01 Dec 2007

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Compliance with the Markets in Financial Instruments Directive (Mifid) has been a constant headache for investment firms. Banks have pumped millions of euros into improving IT systems and infrastructure to deal with requirements around trade reporting, providing best execution to clients and data storing, to ensure they were ready for the November 1 implementation date.

While some have turned to third-party vendors to help with Mifid compliance, others have decided to develop systems in-house

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