The MiFIDII Countdown: Systematic Internalizers and Kx Technology
24 Apr 2017
After a slow start, the pace of MiFID II impact assessments, particularly among Tier 1 banks, has increased and the market has generally arrived at the ‘implementation stage.’ Armed with impact assessments and business requirements, firms are now delving into the systems changes necessary, and the types of different datasets included. A ‘look under the bonnet’ has shocked many firms, which didn’t realize the level of IT changes and the new categories of data they will need to collect and analyze. As the ‘go-live’ date approaches, it’s time to convert that shock into action.