White Paper, January 2016
MiFID II and MAD/MAR II implementation projects have been an increasing pressure point on financial firms’ information systems and their teams. As organization challenges now start to become clearer for CIOs and IT managers, we see the technical issues gradually coming under the spotlight, with Big Data playing a central role.
WHY READ THIS WHITE PAPER
Regardless of the kind of Big Data solution your organization intends to implement to address MiFID II & MAR (in-house project, vendor toolsets, integrated platform...), do make sure that is solves the Scalability / Integrity / Real-Time equation. If it does not, you may end up with a shiny new big data platform which, unfortunately, will not solve your regulatory issues.We explain in this White Paper how big is the challenge, and how Scaled Risk solve the issues on two practical uses cases.
TABLE OF CONTENTS
The “Data Cost” of MiFID II and MAR II - A “One Size Fits All” Regulation - How big is your MiFID II data ? - How long is your MiFID II project ?Gauging Your OptionsSelect Use Cases with Scaled Risk - Real-time monitoring and record-keeping - Real-time monitoring - Responding to an inquiry from the regulator - Market abuse surveillance system for a firm providing DEA - Persona and solution usage - Surveillance and alerting - Processing alerts