financial services industry has undergone several seismic shifts over the last few years. One of them is a move towards customer-centricity: services that are tailored to the individual customer, which can be consumed how and when they choose.
With GDPR still a prevalent concern across the financial services industry, financial institutions face another major regulatory challenge in the form of the Markets in Financial Instruments Directive II (MiFID II). In the UK alone, the Financial Conduct Authority received 1,335 notifications of inaccurate transaction reporting under (MiFID II during 2018*).
There’s a clear need for a latency standard that can be applied globally across financial institutions. But that’s just one step. The real challenge emerges when you ask why this standard is necessary, and what it means for the future success of your business. Latency is key to your success because if it isn’t perfectly…
