MiFID II is set to fundamentally change the rules around financial services in the EU and, with the implementation date set for January 2018, it represents a number of enormous challenges for players in the sector.
This is particularly the case from a customer relations perspective, as MiFID II is introducing new KYC and investor protection requirements across firms’ operations — from assessing suitability and appropriateness and managing client assets to best execution or reporting information. Ultimately, firms that strategically implement the requirements and effectively utilize technological means, such as Dorsum’s Wealth Management Platform, will not only meet compliance mandates, but will also immensely enhance their market positions.
Download the IDC White Paper sponsored by Dorsum and find out how you can overcome the MiFID II challenge in wealth management and get ahead of your competitors while staying compliant.
Can’t get enough of MiFID II? Then check out our webinar we hosted with Dan Simpson from JWG Group!