Interactive Data Corporation is to offer a broad, cohesive range of data and services to help customers comply with the obligations that will be imposed by the Markets in Financial Instruments Directive (MiFID).
Interactive Data’s real-time and reference data services – including new bespoke services – can help customers with the requirements of pre- and post-trade transparency, evidencing best execution, trade venue selection and reviews of order execution policy, code of conduct and client classification obligations, transaction reporting, managing conflicts of interest and managing risk, it said in a statement.
“The Interactive Data businesses have worked together to develop a powerful range of services to help firms meet their compliance obligations, including increased credit, market and operational risk management requirements,” said Roger Sargeant, managing director of Interactive Data (Europe) Ltd. “We intend to continue to work with the industry to provide our customers with access to a broad range of information through flexible offerings that can seamlessly integrate into their workflow. Our MiFID-related offerings further demonstrate this commitment.”