04 Nov 2015
The Challenge of Change

“…Just as MiFID enabled a light to be shone on the pricing of equity execution, that focus on cost, wherever it resides in the transaction value chain, will only continue. The current suite of regulatory initiatives will simply require firms to examine costs across different segments of their business processes. Banks are particularly challenged with the complexity of dealing with the current waves of change presented by each regulatory initiative, in all the various jurisdictions where they operate…”