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Sungard Pitches New MiFID Hub For Cost-Effective Recordkeeping

Sungard has unveiled MiFID Hub, a solution developed by its EXP business unit, designed to help firms meet the increased recordkeeping requirements imposed by MiFID. The vendor has yet to make any sales of the solution, but anticipates strong interest in implementation in the Q3/Q4/Q108 timeframe, as institutions seek cost-effective long-term solutions for recordkeeping to replace the back-ups they are likely to rely on for initial compliance with MiFID’s requirements.



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