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
- Data standardization
- Missing data
- Data reconciliation
- 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.
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.
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.