ICF MiFID Solutions
The MiFID directive (Markets in Financial Instruments Directive) which came into force on 1 November 2007 sets strict requirements for the organisation and operation of rule-compliant stock trading.
In concert with its subsidiaries ICF Systems AG and Novis Software GmbH, the ICF Group provides technical solutions for the MiFID.
With its "ICF MiFID Solutions", the ICF Group provides customised solutions packages with the range of functions:
- Developing a customised Best Execution policy
- Qualification of the order flow in accordance with Best Execution stipulations
- Decentralised management of the Best Execution policy
- Archiving and documentation of all MiFID related order data
- Provision of key performance indicators (benchmarks) and reports
- Obligatory and qualitative ad-hoc evalution of the Best Execution policy
- Reporting system to supervisory authorities
- Simple integration into existing process and systems