SOLUTION CAPABILITIES

MiFID II commands significant changes in business and operating models, systems, data, people and processes. Technical standards published by the European Securities and Markets Authority (ESMA) comprise of 27 regulatory technical standards (RTS) and one implementing technical standard (ITS); creating a mountain of paperwork for financial institutions to face in order to get to grips with these technical standards.

However, with our solutions we can support your business to be ready for MiFID II challenges and demands.

    Our solution will help you comply with the MiFID II compliance requirements, including:

  • Make assessments of clients’ investment goals and risk appetite.
  • Demonstrate that portfolio construction reflects these assessments.
  • Carry out Suitability and appropriateness checks before selling complex products.
  • Perform ongoing review of goals and risk appetite.
  • Record reason for investment decision and maintain records of all other activities.
  • Demonstrate best execution.
  • Pre and post trade compliance for investor mandate and suitability requirements.
  • Pre and post trade transparency measures across all asset classes and trading venues.
  • Transaction cost analysis (TCA) disclosure for non-equities.
  • Investor reporting, quarterly reports with details when requested.
  • Investor reporting, when overall value of the portfolio decreases by 10% or multiples of 10%.
  • Transaction reporting to regulators, every single transaction following execution.
  • Transaction reporting by Investment managers, done by Brokers traditionally.
  • Capture, consolidate and report to clients the detailed cost information.
  • Create internal controls for product governance.
  • Have access to MI and reporting to assist the compliance function.
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