Master Plus Hits The Spot For MiFID Compliance
Friday, March 3rd, 2006
Within 2 years the Markets in Financial Instruments Directive (MiFID) hits the statute books. This directive is aimed at all businesses involved in financial trading and advisory services. It is forecast that MiFID will hit the financial market with the force of Y2K, Basel 2 and the Sarbanes-Oxley directives. IT systems, resources and supporting business processes will all be stretched and reviewed for their compliance. So why will UPS become more important ? Because at the heart of the MiFID and other directives is the need to closely look at an organisation’s data management, data warehousing, systems implementation and integration. Key to these is a sound power continuity plan and an Uninterruptible Power Supply that can meet the exacting demands of data centres - like the new Master Plus. For the full article from Computer Weekly on MiFID Click Here.