How Technology Can Help Firms Tackle MiFID II Regulations for Corporate Access

NEW YORK and LONDON / ACCESSWIRE / April 3, 2017 / WeConvene today released a whitepaper for investment professionals which addresses the MiFID II regulations for corporate access services.

MiFID II is one of the most complex regulatory efforts in decades and, although it only applies across Europe, it will impact firms globally. The new regulations represent both a massive operational systems implementation problem, as well as requiring a fundamental change in business models.

The problem is that while the technical requirements for MiFID II compliance in areas like trade reporting are extraordinarily detailed, the way traditional corporate access will be treated is still open to debate, in particular how much of it will qualify as “research” under new guidelines.

“Despite the classification of corporate access under MiFID II being uncertain, what is clear is that firms will need to maintain comprehensive and transparent reporting on all interactions,” said Joseph Connelly, Global Head of Product for WeConvene. “Utilizing a technology platform is by far the easiest and most efficient way to meet the need for accuracy and transparency.”

In recent years, a number of corporate access solutions have entered the market, however, only a few directly tackle the end-to-end workflow to provide a transparent and complete audit trail of interactions between investors, brokers, and corporate organizations.

When evaluating a system that can cover all your MiFID II Corporate Access needs, it is important to consider the following factors:

  • Tracking all meetings attended: Recording of meetings will be a regulatory requirement and firms will need to be able to provide correct data on everything an investor has consumed.
  • Rating and evaluating the value of meetings: Recording and being able to justify the value of the interaction is not only important for regulatory compliance, but also in a world where Corporate Access is a paid for service, it will be critical to be able to assess the value investors receive from the services they are paying for.
  • Demonstrating the value of the meetings provided: Buy-side firms will be applying greater scrutiny over which meetings they consume and regulations require that brokers demonstrate the value of the services provided so it is vital that you provide enough information for your investors to justify taking the meeting.

The whitepaper covers:

  • How corporate access is interpreted within the MiFID II regulations.
  • Future trends for Corporate access.
  • How technology can help solve MiFID II for corporate access.
  • What to look for from a dedicated platform (Buy-side, Sell-side, and Investor Relations).

Download your complimentary white paper here.

About WeConvene

WeConvene is a global web-based platform designed to eliminate the inefficiencies of managing the corporate access process for the investment community. Events large and small can impact investment strategies, and WeConvene provides value to both buy and sell side customers by enabling efficient discovery, booking, and tracking of meetings. For more information, visit, or request a demo by contacting

Media Contact

Sarah Linfoot

SOURCE: WeConvene Limited

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