TABB Group: European Financial Markets - Preparing to Profit from ChangeIndustry Report
Europe’s capital markets stand on the cusp of their biggest overhaul in decades. From January 2018, a revised version of the region’s trading rulebook, the Markets in Financial Instruments Directive (MiFID II), will upend how markets operate, bringing more transparency across the trading lifecycle, and changing everything from the way trades execute to how deals are reported, cleared and settled. The breaking of the UK from the EU will also have a huge impact on the financial services industry, with further elections in France and Germany posing even more uncertainty.
A-Team Group: The Reference Data Utility Handbook 2017Industry Report
There has been a focus over the past few years on automating trading activities and other business processes, making it easier to manage growth in data volumes, deliver on faster settlement times and improve efficiency. Much of that automation has been successful, but it has also revealed the inevitable truth that automation is only as good as the reference data that supports it.