IT professionals in the City of London are being offered
training in the computer systems that will be ushered in by the
City’s second Big Bang.
Every investment bank and stock exchange in Europe will be
seeking IT professionals to help make major changes to key systems
in advance of the European Union’s Markets in Financial Instruments
Directive (Mifid), which comes into force on 1 November this
year.
Those with IT experience in capital markets will be in demand by
financial services companies seeking to introduce pre and
post-trade information-sharing systems.
Mifid thinktank
JWG-IT will run courses teaching those
affectedhow business processes will change under the new
regulations. JWG-IT is running the courses in partnership with
Eukleia Training.
The thinktank’s CEO, PJ Di Giammarino, said, “Working with
Eukleia means that we can leverage our material and expertise and
deliver it to the market in new ways.”
On 22 January, a consortium of nine investment banks announced
that it had selected an IT supplier to build a pan-European
information sharing platform for Mifid.
See also BOAT project or type
http://www.boat-project.com/
See also
Project Turquoise or type
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/01/22/cnturq22.xml
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