JWG-IT: Firms Must Start Mifid Tests

Firms should be more proactive in the process of complying with Mifid regulations, says P.J. Di Giammarino, founder and CEO of JWG-IT. "The regulators don't prescribe how to do it. It's our job to figure out how to go out and get solutions that make sense, because we'll need to justify that we've done the right thing," he says.

According to Di Giammarino, some of the Mifid rules have already been applied in the U.K., but they are still new to some other countries. "Mifid introduces a very firm

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