MIFID / MIFID II

The challenges

MiFID, in both its iterations, has forced firms to focus on increased transparency and tackle the following regulatory reporting challenges:


 

  • Increased volume of reporting fields Increased volume of reporting fields
  • Data standardization Data standardization
  • Missing data Missing data
  • Data reconciliation Data reconciliation
  • Legal documentation repapering Legal documentation repapering

The role of technology

In a post-MiFID world, the message is clear:

"Firms must harness their data"

 

Technology can play a key role in helping firms aggregate data from different sources, reconcile data discrepancies, and transform data in line with regulation formats. Automating these processes gives firms a competitive advantage: saving costs and freeing up operational resources.

Xceptor's MiFID solution

Automation

Intelligent automation

MiFID/MiFID II have impacted almost every area of business for financial services firms. With such a vast and complex programme of activity, firms need a solution that brings data, automation and AI, all in a single solution.

That's Xceptor.
Automation

Intelligent automation

MiFID/MiFID II have impacted almost every area of business for financial services firms. With such a vast and complex programme of activity, firms need a solution that brings data, automation and AI, all in a single solution.

That's Xceptor.
Data validation

Data first

MiFID II in particular is founded on data - increases in data collection e.g. 50 more transaction reporting fields, have put pressure on firms to automate and standardize. Xceptor's data-first focus ensures better quality data, less data gaps through exception management, and the delivery of data in any format.
Data validation

Data first

MiFID II in particular is founded on data - increases in data collection e.g. 50 more transaction reporting fields, have put pressure on firms to automate and standardize. Xceptor's data-first focus ensures better quality data, less data gaps through exception management, and the delivery of data in any format.
repapering

Repapering

Clients are using Xceptor to handle their vast repapering programs. Using Xceptor's doc-gen capabilities, firms can automatically notify their clients of contract changes and track inbound responses - providing a detailed audit trail.
repapering

Repapering

Clients are using Xceptor to handle their vast repapering programs. Using Xceptor's doc-gen capabilities, firms can automatically notify their clients of contract changes and track inbound responses - providing a detailed audit trail.