Non-compliance can result in fines of up to 4% of a company's annual global revenue
Many compliance and policy teams have more than doubled in the last three years.
Implementing exchange policy and price changes should be the catalyst for a clear out of non-profitable applications and products.
To provide a robust time service, you need multiple, independent and verified time sources.
In May 2012, the Basel Committee on Banking Supervision (BCBS) introduced the Fundamental Review of the Trading Book (FRTB) as a consultative paper. Is the banking community ready?
Synchronising your trading system clock for MiFID II is one thing, keeping in synch is quite another ...