Regulatory Compliance

The cost of mitigating risk and meeting compliance regulations such as Sarbanes-Oxley has been immense and will continue to be so as Basel II and Europe’s Markets in Financial Instruments Directive (MiFID) comes into force.

MiFID is just one of 42 directives changing the face of Europe through the Financial Services Action Plan. Together these represent the biggest business driver for financial service organisations when deciding on IT strategy and procurement. TowerGroup estimates that the costs of meeting MiFID for traders/brokers involved in the EU will be in excess of $20m per firm.

Future Banking addresses the real compliance issues facing the financial services industry, helping executives understand how the investment in technology can be regarded not as a cost but, through best execution, as a way of adding value and competitive advantage across an enterprise, as well as how IT can be managed to achieve optimal ROI.

Vendor Solutions
	Something to bank on Hans Merki, Hewlett-Packard Click here to read
	Beyond compliance objectives Scott Sloan, BMC Software Click here to read