Conform™ for MiFID

The changes contained within the Markets in Financial Instruments Directive(MiFID) will have an enormous impact throughout the Investment & Securities marketplace.

Significant changes will be required to be made to operational and organisational procedures. Ensuring communication to the right audience in a timely manner – and making certain that the contents have been understood - is a huge undertaking.

“An investment firm shall establish adequate policies and procedures sufficient to ensure compliance of the firm including its managers, employees and tied agents with its obligations under the provisions of this Directive .. “ Article 13.

CONFORM is designed to automate the process of creation, dissemination, audited electronic delivery and understanding measurement of Policies & Procedures such as those affected by the MiFID regulations.

Just having Policies & Procedures in place, posted on the corporate intranet, or sent out by email,
is simply no longer sufficient. They must be read - and you must be able to provide evidence that they have been securely communicated, received and crucially, understood.

CONFORM™ provides certainty – and evidence to Senior Management, Regulators and Auditors that statutory compliance and internal operating procedures; and best practices are accurately deployed and communicated; and that employees’ competency is measured and enhanced.

Benefits

• Proof and Certainty that staff have received, read and understood policies and procedures
• Reduce the risk of damage to reputation and financial loss (fines)
• Provide evidence of good governance, best practice and compliance
• Reduce time spent writing, printing, sending and chasing policies and staff
• Comprehensively test staff understanding of rules and regulations (internal and external)

Click here to request more information