Rule Financial says it is set to go live with its new MiFID-enabling platform, BESTX.
BESTX is designed, Rule Financial says, monitor and demonstrate adherence to their execution policies, in preparation for the upcoming requirement changes under the MiFID.
Rule Financial’s BestX combines the BEA WebLogic Real Time Edition and the AquaLogic Service Infrastructure products, to address the three primary MiFID challenges: transaction management, data aggregation and data publishing.
Based on open industry standards, Rule Financial says BestX is designed to integrate with a client’s existing IT infrastructure, including market and reference data sources, for reduced integration timeframes and support costs.