SunGard Creates MiFID Solution
LONDON-Software vendor SunGard has created a solution that will help firms comply with Europe's Markets in Financial Instruments Directive (MiFID), tackling record-keeping and best execution requirements. The new system, MiFID Hub, can take a market snap shot and capture data such as trade lifecycle records, tick data, client marketing communications, organizational and departmental complaints procedures.
Following the introduction of MiFID on November 1, firms will be obliged to store records
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