IMP, UnaVista team up for Mifid II/MIFIR reporting expansion (Fund Technology)

IMP, UnaVista team up for Mifid II/MIFIR reporting expansion (Fund Technology)

With less than four months until the implementation deadline for the second Markets in Financial Instruments Directive (Mifid II), IMP Consulting has joined forces with UnaVista to ensure regulatory compliance for their clients.

UnaVista is the regulatory compliance and data arm of the London Stock Exchange Group, and under the partnership will provide its User Acceptance Testing (UAT) technology for test extractions to IMP clients. According to IMP president Jane Stabile, the test extractions will ensure timely implementation of the requirements under both Mifid II and MiFIR.

UnaVista debuted regulatory reporting capabilities for the first iteration of Mifid, according to Stabile, and the company’s historical background is what led IMP towards the pairing. “Looking at someone who had a track record, that’s what we cared about,” she said.

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