STAC And Interxion Join Forces On MiFID II's Challenges - New Partnership To Help Financial Firms Meet Upcoming Regulation

MiFID II is poised to disrupt the status quo in financial services, demanding firms make major changes to the way they operate, as well as the technology and connectivity infrastructures they depend upon.

Under MiFID II, firms face a significant obligation to collect, store and - when required - present regulators with all the data pertaining to how a given trade was executed.

Interxion is seeing growing demand amongst its 200 capital market customers for auxiliary services that can help them digest and comply with the new regulation, such as time-stamping and connectivity to more data sources. That’s why Interxion has welcomed the US-based Securities Technology Analysis Center’s (STAC) test lab into its London Data Centre Campus.

STAC facilitates an industry consortium that develops benchmark standards for the myriad technologies used in the trading process, including time synchronisation. Research from STAC’s test site will be used to bring financial firms information that’s critical to making the right choices on the road to MiFID II and demonstrate compliance.

In addition to the MiFID II capabilities that can already be exchanged amongst the London campus’s closely connected financial community, Interxion customers will also now benefit from STAC conducting its advanced equipment testing there.

Read Interxion's latest blog to learn more about MiFID II’s requirements and how the partnership between Interxion and STAC will help financial services firms meet its challenges.

Read the Blog