Mackay first notes Mifid II compliance, which has been top-of-mind for many in the industry. The goal is to leverage the platform’s two core strengths: OTC and electronic trading. FIS has created a Mifid II-compliant OTC trading platform that includes: transaction logging, auditability and regulatory reporting; support of sales-trader interactions; and OTC instrument definitions, pricing, risk and operations, all on the same platform.
“The driver for this investment is to enable our customers t
IBM makes headway with blockchain and encryption services; the FCA's Stephen Hanks says firms need to make decisions about their ARMs and APA providers soon.Subscribe to Weekly Wrap emails