MarketAxess and Trax are helping the industry manage the full trade lifecycle under MiFID II
MiFID II introduces the requirements to report and secure large amounts of sensitive natural person data, including both internal and client data. The General Data Protection Regulation (GDPR), which comes into force in mid-2018, adds further requirements for natural persons data on the industry.
Trax has developed a distributed data model, which provides firms with the necessary operational flexibility to provide natural person data in two models and store it in a range of regions depending on client preference. As a trusted partner, all transaction and natural person data is managed securely and encrypted appropriately.
Hear more from industry experts on the impacts of impending regulation
Learn how Trax helps clients to meet reporting obligations.