As the compliance exercise will result in considerable amendments to business rules and IT processes, investment firms have begun to look at MiFID as a driver of change rather than as a mere compliance activity.

Technology may be outside the curve of MiFID implications, but a lack of clarity and awareness is making it difficult to initiate any MiFID-related assignments. And, since MiFID involves re-visiting the business models and strategic goals of any enterprise, the preparation for MiFID compliance is bound to be more complex.

i-flex solutions, an acknowledged leader with deep domain expertise in providing IT solutions to the financial services industry, is the ideal partner for firms grappling with the complex nature of MiFID.