MiFID

MiFID – the Markets in Financial Instruments Directive – came into operation on November 1st 2007. It sets out a comprehensive regulatory regime covering investment services and financial markets in Europe. An EU-wide initiative, it replaces the Investment Services Directive of 1993.

MiFID's Objectives

To improve the organisation and functioning of investment firms, facilitate cross border trading and thus encourage the integration of EU capital markets. MiFID also provides strong investor protection, with a comprehensive set of rules governing the relationship that investment firms have with their clients.

MiFID compliant F&O processing

Rolfe & Nolan has asked the industry what it needs. The enhancements to our core processing solutions are contained in our comprehensive new MiFID module. Rolfe & Nolan’s developments have focused on three main areas of the conduct of F&O business:

Transaction reporting
Client reporting
Client categorisation

Manage your fees and commissions with Fees Direct

With the best execution needs of MiFID in mind, Rolfe & Nolan has also developed and built a fee and commission management engine – Fees Direct – that compares costs across markets. Populated with over 480,000 exchange, clearing house and regulatory fees addressing each stage of the trade life cycle, it also manages and archives client commission schedules. Fees Direct is thus a key tool for monitoring, measuring and implementing best execution in F&O.

Learn more at: http://www.rolfeandnolan.com/fees-direct.html

MiFID consulting

Rolfe & Nolan has used its industry and MiFID specific knowledge to have solutions in place for the November 1st deadline. Speak to us – even if you’re not an existing customer – and learn how we can help you address MiFID with confidence.

The MiFID initiative is not a one-off event but a continual process. Customers are responsible for complying with the MiFID directive.

Client Services

Energy Suite