MiFID II

Are You Preparing for MiFID II?

Are you an organisation involved in financial trading? If so, this date should be critical to you:

03/01/2018

That’s the date by which your organisation needs to be fully compliant with the updated Markets in Financial Instruments Directive – MiFID II.

There are three key questions you need to understand:

What is the aim of MiFID II?

  • Make financial markets more transparent
  • Improve protections for investors
  • Increase healthy competition within financial markets
  • Strengthen existing MiFID regulations

What are the details?

  • It applies to all financial trading organisations involved in transactions
  • All telephone and electronic communications related to transactions must be recorded and stored
  • Recordings must be stored and accessible for 5-7 years

What do you need to do?

  • Assess your existing data recording means
  • Address gaps in your business communications and implement solutions that will allow you to meet compliance come January 2018

Your assessment needs to cover every method of communication employed by your organisation.

When it comes to archiving and auditing, ProcessFlows is the go-to vendor for solutions which meet those needs.

Use RECITE interaction recording for your telephony compliance. Record and store phone calls, censoring sensitive information without cutting it out entirely and cataloguing calls for easy retrieval. Download a datasheet here.

RightFax enables you to create consistent audit trails with every fax. Keep a log of who sent what, to where, at what time and from what device. Store faxes with one of our archiving solutions.

OnBase uses document management, workflows and records management to create a robust document repository for archiving and retrieving communications data.

More information

For more information you can call us on +44 (0) 1962 835053, or email sales@processflows.co.uk.

Latest Case Study

Outsourcing Opened New Revenue Streams for Intuitive BI

Outsourcing with ProcessFlows Opened A Whole New Host of Opportunities, Which Wo...

View Case Study

Next Event

Call Recording with RECITE Webinar

25th October 2018
Live Event ProcessFlows Presents Call Recording with RECITE Live Webinar We have the pleasure to ...

Book a Place

Latest News

Axe the Fax Machine, Upgrade to the Cloud

Axe the Fax Machine, Upgrade to the Cloud Leeds hospital vowed to, ‘Axe the F...

Read More
mautic is open source marketing automation
Quick Contact
T: 01962 835053
E: sales@processflows.co.uk