Wealth Management & Private Banking

When MiFID II takes effect in January 2018, it will introduce or enhance key standards for investor protection and transparency.

Wealth management firms will need to change many aspects of their business model, operations, systems, and processes to comply with requirements for interaction recording; transaction reporting; client categorisation; product governance; transparency; suitability and appropriateness; cost, charge, and inducement tracking; and organisational oversight.

NexJ helps top tier wealth management firms meet complex compliance obligations like MiFID II without disrupting business processes or tying up resources on manual data entry, validation, processing, or reporting.

Download this whitepaper to learn more about the changes MiFID II will introduce and the practical implications for firms in the U.K.