The first generation of SORs, introduced in 2007, was designed to handle the early signs of fragmentation in Europe. Today, almost nine years after MiFID I applied, everyone is trying to understand the requirements to cope with the new landscape after MiFID II applies. The exact requirements have yet to be defined, but it is evident that today’s SORs, despite their rapid evolution outlined here, will not suffice.
In this paper Christer Wennerberg, Senior Vice President Structured Strategy Itiviti explains the evolution of SORs.
Articles & Reports Market participants are under tremendous pressure to maintain profitability whilst simultaneously improving time to revenue, meeting new regulatory requirements and holding off their competition. Venues, buy-sides, sell-sides, service and product providers are struggling with the increased regulatory pressure and the complexity of the trading environment. Manual processing is labour intensive and exposes firms to the […] March 14, 2017
Articles & Reports What we’ll cover: Itiviti Managed FIX provides a comprehensive service connecting buy-side and sell-side firms with a resilient solution for their global connectivity. The solution covers multiple asset classes and relieves firms of the day-to-day burden of infrastructure ownership. Co-located at strategically selected cutting-edge data centers, it delivers a high performance, high availability platform that […] February 8, 2017
Articles & Reports In a low interest rate environment with regulatory hurdles, capital requirements, and technological complexities, how do firms in the futures industry thrive? We gathered one seasoned fin tech reporter, Jim Kharouf from John Lothian News, and representatives from an FCM, an ISV, a prop firm/market maker, and a bank – to join us at a […] November 30, 2016
Articles & Reports Let there be no doubt: the sell-side remains under pressure. Ever increasing regulatory demands and constant cost pressure have forced banks and brokers to seek new sources of revenue and ways to operate smarter. Viable options include expanding into multiple asset classes, consolidating systems and leveraging outsourcing. This paper introduces the trends that are now […] October 13, 2016