Mutual Fund Technologies (MFT), transfer agency software, services and consulting company has launched a suite of new client record-keeping and transfer agency functionality in support of the Markets in Financial Instruments Directive (MiFID).
MFT’s GFAS platform now provides all the necessary functionality to handle all of the key areas of impact for transfer agency administrators, including the need to support classification, enhanced data stream and reporting functionality, as well as retention of data compliance.
“We have worked closely with our customers on this new regulation to ensure that our solution is targeted and adds real value,” says David White, Client Services Director at MFT. “With the functionally now up and running it will also provide our customers with ample time to implement the new functionality well ahead of the 1 November deadline.”