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:
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Increased volume of reporting fields
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Data standardization
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Missing data
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Data reconciliation
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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.

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.