As Compliance Challenges Become More Daunting, Vendors Must Adapt
Vendors discuss how they're adjusting to new regulatory requirements.
"We are basically in a grey area," says Sylvain Thieullent, CEO of Horizon Software. "It's a very tricky job. As technology providers we are not fully included in any of the discussions related to regulations; there is no legal binding."
There is a slow—but real—transformation under way, however, as regulators have realized that third parties can play a significant role in market participants' compliance. After all, in many cases, they are the ones responsible for providing the appropriate
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