MiFID II could be the most far-reaching legislation ever to impact the use of mobility for the financial sector.
It’s designed to crack down on miss-selling financial products and adds huge transparency to high-frequency trading through mobile devices. The main approach from the commissions stand point is focused on the increased need to monitor and record electronic communications, this will ultimately lead to assisting and enabling trades.
The new reporting requirements will fully embrace modern technology, any communication that may result in a transaction including instant messaging, email, and calls as well as companies that have embraced BYOD.
Samsung SDS are one of the first companies to develop a compliant mobile enterprise that combines a secure and seam-free recording solution for all business communications.
If it is something that is of interest to you get in contact with us.