When MiFID II comes into place on 3 January 2018, it will be amongst the broadest of financial industry legislations. The scale of these regulatory obligations provides significant challenges to asset managers and to their I.T. and data management systems, complicating the already heavy compliance burden they face. The challenge will be greatest for those firms that are captured by MiFID II in its entirety.
The scope of the legislation will force investment managers to think extremely carefully about the solutions that are available to them and they must choose a compatible vendor that understands the complexities of their operations.
How can DMS help?
Through our vast experience of MiFID compliance, our depth of
knowledge of global regulatory frameworks, inherent fund governance
DNA, and unrivalled client relationships, DMS has a licensed suite
of solutions that span full MiFID hosting. Our consultative
approach, proven by our leading track record, means that DMS is
uniquely positioned in the marketplace to provide managers with
effective compliance solutions that meet not only current but also
upcoming regulatory requirements.
The impact on the funds industry will be wide-reaching, affecting aspects of marketing and distribution, trading and research, and day-to-day operations. DMS' comprehensive MiFID II solution allows managers to continue to seamlessly service their existing clients while accessing capital in Europe.
The DMS MiFID team is led by DMS Director, Jason Poonoosamy.
DMS Governance Ltd. (DMS) is the worldwide leader in fund governance representing leading investment funds with assets under management exceeding $330 billion. DMS excels in delivering high-quality Fund Governance, Risk and Compliance services across a diverse range of investment fund structures and strategies.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.