HomeBankingSmartStream: Adds derivatives to SI registry ahead of MiFID II deadline

SmartStream: Adds derivatives to SI registry ahead of MiFID II deadline

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  • SmartStream a global software and managed services provider that in challenging markets conditions
  • SmartStream develops derivatives component for MiFID SI Regime to meet September deadline
  • Announced derivatives supported in its SI Registry service to help clients meet the MiFID II
  • Allows trading counterparties to identify who is responsible for reporting trades in general
  • Financial institutions are highly reliant on good quality reference data to ensure they can successfully trade electronically
  • The MiFID II SI Regime for derivatives will be the most challenging component which needs to handle a very complex classification scheme
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