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JWG-IT MiFID TechSIG model applauded

Industry has the potential to save millions through a new approach

With less than 50 working days until 31 countries have to be tested and ready for the Markets in Financial Instruments Directive, JWG-IT, the think-tank for EU-driven IT change in financial services, today announced that the JWG-IT TechSIG is seeing early success in the development of technology architectures to meet regulatory and market needs.

Assembled from the market’s leading technology suppliers, the TechSIG is working closely with the JWG-IT Financial Services Testing Group, of which SDLC Solutions is a founding member, to prepare test assets in support of the technology architectures.

Through capitalising on this collaborative approach, JWG-IT estimate the the industry stands to save millions of euros by using pre-defined flat pack solutions for complex infrastructures.

Read JWG-IT’s press release for the full story on the JWG-IT MiFID TechSIG model.

For information about how SDLC Solutions can help you prepare for MiFID, contact Simon Jacobs on 07920203315.

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