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| Posted: |
10 Apr 2008 |
| Published: |
01 Oct 2007 |
| Format: |
PDF
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| Length: |
15
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| Type: |
White Paper |
| Language: |
English |
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ABSTRACT:
Much of Europe's financial community will have to abide by the new Markets in Financial Instruments Directive (MiFID). These regulations not only protect investors, but give financial institutions guidance in doing business across borders. For most businesses, MiFID could both represent a threat and an opportunity. Non-compliance costs will be high, and a badly executed compliance project could prove over-costly, but MiFID could also create new opportunities (e.g., loss of concentration rule and extended passport) and guide firms towards more efficient operations. Advanced preparation could decide who wins and who loses in the process.
ILOG has specialized in delivering cutting-edge business rule management systems (BRMSs) used widely in banking and finance to ensure compliance with regulations and corporate policies. Any organisation looking to automate its systems for processing transactions and implementing policy need only turn to ILOG or one of its many partners for the right custom BRMS-based solution.
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BROWSE RELATED RESOURCES:
Financial Services | Interoperability | Outsourcing | Portfolio Management (IT Management) |
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View All Resources
sponsored by ILOG, Inc. |
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