Digitalization in wealth management
as a trigger to adapt MiFID II


Digital transformation
challenges and opportunities


The ability of financial institutions to change on their investment services facing MiFID II, requires a significant change on their strategy and business model.

Digital solutions, as a response to MiFID requirements could make the difference for the organization.

In the light of a successful implementation, the ability to have a quick response and an effective cost policy, given MiFID changes relies on changes in technology, These come to be a decision point to assure that the investment in technology means a significant impact.

Financial institutions must face MiFID and align their wealth management solutions accordingly, also be able to define the best path for their digital transformation strategy which allows them to have a more efficient transition with this new legislation.

“At TechRules we look for the perfect balance between business and legal requirements. To help transform what is an apparently demanding legislation into a simple solution, sharing the known how, market experience and the best wealth management solutions”.

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Download documentation

ESMA Guidelines on MiFID II product governance requirements

Operational guide for communication operations under MiFIR

The upcoming arrival of MiFID II: Preparing for change and improvement

Business Model Impacts

Firms business models, especially investment services focusing on service compensation will now become chargeable with the receipt of third-party incentives being reduced or stopped altogether.

Technological Impacts

MiFID II requires financial firms to adapt their IT system. This legislation requires companies to integrate financial assessment solutions in their organisation. This will be achieved using more recent, more advanced technology.

Operational and Organisational Impacts

The regulation requires firms to provide all of the information and to ensure that they have structured management who are in control of their systems and controls.

The upcoming arrival of MiFID II:
Preparing for change and improvement

The European financial markets are preparing to undergo a complete remodelling of their organisational system. In January 2018, MiFID II will officially become an active part in redefining the overall structure of the entire industry by applying new legislation intended to regulate and improve the financial and investment services.


MiFID II: Aim and Opportunity

The Markets in Financial Instruments Directive (MiFID) applies to the European financial markets and aims to increase supervision, efficiency, market and information transparency and investor protection. The MiFID II regulation is a revised and more demanding version of the original framework, introduced in November 2007. MiFID II is designed to improve each of these aspects while creating a secure and systematic environment for all financial activity.

Despite the challenges, many view the recent changes as an opportunity to reassure investors and regain their trust. These changes will enable companies to provide their clients with high-quality products and to raise the standards of professionalism in the industry.

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