Much of Europe's financial community will have to abide by the new Markets in Financial Instruments Directive (MiFID). For most business, MiFID could represent both a threat and an opportunity. Non-compliance costs will be high, and a poorly executed compliance project could prove over-costly.
This white paper discusses how Business Rule Management Systems (BRMS) are being used widely in banking and finance to ensure compliance with regulations and corporate policies. Learn how a BRMS allows an organization to better automate its systems for processing transactions and implementing policy needs. Explore the business and technological impact of MiFID and discover how a successful BRMS allows an organization to better manage these changes and the implementation of business rules and policies.