Taming the lion - a panel discussion focussing on the business drivers and technology trends as firms gear up for Mifid compliance

What have been the biggest challenges in terms of preparing Merrill Lynch for November 1?

Brian McClennan. Mifid technology program manager Merrill Lynch: We have been reading the documents – as everybody else has – and we try to consider all potential scenarios. From a technology perspective, at least last year, we were considering the worst case, and we put our budget around that, which is why I think we are going to spend less than we forecast. We have done a lot of planning and we are