Società Interbancaria per l’Automazione (SIA) has launched an ‘execution policy monitoring for MiFID’ module, available on SIA-EAGLE, a technological platform dedicated to monitoring and controlling the operations executed on all financial markets. According to SIA, the platform will therefore be able to incorporate the requirements set by MiFID, create conditions to increase the degree of transparency by operators and guarantee higher protection of investor’s needs. The company says that through the new module, financial operators will be able to automatically analyse all the transactions carried out on the various European financial markets. The module will be able to verify compliance with the contractual terms agreed by the financial operator and the investor ex-post: summary indicators will warn of transactions that fall outside the execution strategy and control algorithms will point out the single factor defined by the execution policy (price, explicit costs, implicit costs such as market impact and opportunity cost, speed and probability of execution as well as probability of settlement) that do not meet the expected execution quality.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
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Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more