60 Percent of Fund Managers Have Not Implemented Solutions Ahead of Mifid II

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Robert Angel, head of product and regulatory solutions at Northern Trust

A survey, conducted among attendees at Northern Trust’s regulatory event in October 2016, revealed that the deployment of new technologies ahead of Mifid II is not yet on the buy side’s list of priorities.

Released by Northern Trust today, the survey shows that 60 percent of the participants had not considered utilizing technologies as a response to the new requirements.
“The large managers are beginning to invest more strategically, but it can’t happen overnight,” says Robert Angel, head of product and regulatory solutions at Northern Trust.
According to the survey, fund managers are aiming to be…

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