Happy Birthday MiFID2! Two years old and hasn’t that time flown by?
Whilst there has been some uptake of the standard we hear regulators are going take the opportunity to clamp down on those firms who are still not yet compliant in this coming year and onwards.
Supervisory and potentially enforcement focus is increasing in priority areas such as regulatory reporting and investor protection (Inducements, Best Execution and Costs & Charges).
The FCA is empowered to use recent Senior Managers & Certification Regime (SM&CR) as a lever to boost further accountability, compliance and remediation in relation to MiFID II.
So with all this in mind now is a better time than ever to review your organisation wide data governance.
Fundipedia is the perfect platform to assist you in meeting your MiFID II regulatory reporting requirements including:
- Defining all of your data fields completely autonomously to suit your needs. No lengthy set up processes or large project teams, we’ll have you up and running with your data in weeks, not months.
- Managing fund related data. With a powerful capture, manage and distribution framework to effortlessly share regulatory reports with 3rd parties including clients and data vendors
- Support for multiple reporting standards to allow you to seamlessly share data in a format that 3rd parties prescribe.
Get in touch today to discuss how Fundipedia and revolutionise the way you store and distribute crucial fund data.