Fidessa Launches Mifid Suite
As Mifid's November deadline approaches, a number of large banks are changing their approach to the directive—from strategic to technical. "A lot of the market was expecting guidelines from the [European] Commission or their regulator, which haven't been forthcoming," says Ian Salmon, head of the Mifid program at Fidessa, citing the critical areas of transaction reporting and data storage.
"There's a lot of examination on how [transaction and trade reporting] will work," says P.J. Di Giammarino
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