Interactive Data Corporation’s Managed Solutions group has launched MiFID Advisor Suite, which is designed to help financial advisers more efficiently comply with MiFID Conduct of Business obligations.
The suite includes five modules that offer detailed processes for a financial advisor’s workflow, including the online classification of clients, a suitability check of investments, portfolio valuation, historical record keeping and automated portfolio monitoring.
“With the MiFID Advisor Suite, we aim to support financial institutions in leveraging MiFID as an opportunity to improve the quality of their investment advisory services while helping them to capitalise on additional sales opportunities,” says Stephan Wolf, chairman of the Executive Board at Interactive Data Managed Solutions AG. “These easy-to-use modules are designed to help our customers to optimise workflow, seamlessly integrate market data with internal bank information, efficiently implement their obligations under MiFID and present complex facts in a simplified manner that is designed to give meaning to market data.”