Implementation of MiFID II/ MIFIR regulation for Financial Markets
About This Project
Implementation of MiFID II/ MIFIR regulation for a german Landesbank (Financial Markets)
Project Scope:
- Goal of the Project is the implementation of the MiFIDII/ MiFIR regulation within Financial Markets
- As a functional project leader we identify the necessary technical and process-related changes and attend to the required functional and technical implementation
- Communication with neighbouring divisions and their projects is of high importance since the whole implementation works along the whole value added chain throughout several business areas
Project Results:
- Strenghtening and detailed planning of the functional and system mission which was determined during the scoping phase
- Determination, conception and implementation of the necessary system-changes to the Front-Office-Systems as well as the related interfaces (e.g. to trading platforms and Back-Office-Systems)
- Conception and implementation of a new application to comply with the VHT and NHT obligations (Real-/ NEar-Time supply from the affected Front-Office-Systems to the Deutsche Börse AG while using their MiFID-Services)
- Realisation of the necessary process-related changes and handover to the line
Customer Value:
- Securing the compliance of the MiFID II-regulations targeting the Financial Markets business with the highest level of cost efficiency
- Integration of meaningful improvements / changes to the Business Process Integration to the implementation after previous coordination with the responsible committees
Category
Reporting & Supervision