27TH - 28TH APRIL 2017

21ST - 22ND SEPTEMBER 2017



The Training Course


The MiFID II Operational Compliance Training Course is more than just about knowledge and training, it seeks to provide attendees with advanced strategic insight into MiFID II operational technologies.

It will provide attendees with greater insight into MiFID II technology and software solutions, how to strategically leverage MiFID II to save costs and gain benefits, and insights into next generation MiFID II analysis technologies.

MiFID II is not simply about compliance, it represents a key opportunity for firms to strategically differentiate themselves and capitalise on new and emerging financial markets.



SESSION 1: Market Structure, Trade Reporting and Transaction Reporting 

  • Aligning EU regulation; Level Playing Field; Organised Trading Facilities (OTFs); Multilateral Trading Facilities (MTFs); Systemic Internalisers (SIs); SME markets.
  • Best-execution and execution only reporting; extended scope of reported transactions; flags; Approved Reporting Mechanisms (ARMs); third party inducements; data publication; consolidated tape and consolidated tape providers.

SESSION 2: Organisational Requirements, Conduct of Business Rules and Investor Protection

  • Client classification and eligible counterparties; investment suitability and appropriateness.
  • Product governance; product approval processes; managing bodies; membership selection and suitability requirements; registration and authorisation; market operators; sales targets and remuneration policies.
  • Independent advice; conflicts of interest; third party inducements; commissions; third party research.
  • Exemptions; compliance function; record keeping; best execution; and execution only.

SESSION 3: Transparency, Position Limits and Position Reporting, and the Third Country Firm Framework

  • Increased competition; enhanced supervisor powers; liquid market for equity and equity-like instruments; equity waiver caps; non-equity pre-trade and post-trade transparency.
  • Position limits, position reporting and ESMA's new position management powers.
  • Third country financial institutions; EU Commission equivalent assessment; third country trading venues; third country entity trading obligations; Passporting and comparable levels of investor protection.
  • Third Country provisions and the ESMA Deemed Equivalence application process.

SESSION 4: MiFIR Reporting Framework

  • MiFIR reporting obligations, classification of investment firms, new reportable instruments, extended transaction report fields, Legal Entity Identifiers (LEIs).
  • Client identification standards, Algo Flagging, and global data protection issues. 
  • Comparing key elements of the EU transaction reporting regimes (European Market Infrastructure regulation (EMIR), REMIT, Securities Financing Transactions Regulation (SFTR)).


DAY 1 PRESENTATION by BT Smartnumbers:

MiFID II Implications for Recording Regulated Conversations



WORKSHOP 1: MiFID II Operational Compliance

  • MiFID II ESMA and FCA Powers, Sanctions, and Remedies.
  • MiFID II Thematic Review (Inducements, Conflicts of Interest, Structured Products, and Assessing Suitability).
  • Implementing an Effective MiFID II Operational Compliance Framework.
  • MiFID II Strategic Analysis and Saving Costs.


WORKSHOP 2: Use Of Technological Software In MiFID II Compliance Programmes

  • The impact of MIFID II on financial institution internal processes.
  • MIFID II gap analysis, risk analysis, and process and procedure mapping.
  • Consolidating global financial regulatory compliance obligations into one technology-based solution.
  • Assessing the use of third party services for MIFID II reporting and compliance.



WORKSHOP 3: The Operational Impact Of MiFID II and Strategic Analysis

  • MIFID II strategies for financial services firms (minimising operational losses on Return on Equity (ROE), changing strategic business directions, minimising the MIFID II negative impact on future profitability).
  • Conduct Management and Client due diligance and monitoring requirments for direct electronic access (DEA) firms.
  • EU market capitalisations stategies (high negative impact on cost-income ratios, Third-Country Firm passporting, SME growth markets).


WORKSHOP 4: MIFIR Reporting Technologies

  • An overview of the new Financial Conduct Authority (FCA) dgitial Regulatory Market Data Processing Platform (RMDPP) delivered by Sopra Steria (operational build, capabilities, timelines, cost reductions).
  • The interaction of the RMDPP and MIFID II and MiFIR frameworks (validation and storage of transcation reports, big data capablities, industry beta testing phase, adjacent MIFID II opportunities).



DAY 2 PRESENTATION by Waymark Tech:

Using Machine Learning Software to Identify and Analyse MiFID II Requirements




Rodrigo Zepeda

Rodrigo Zepeda is Co-Founder and Managing Director of Storm-7 Consulting. He is an expert consultant who specialises in derivatives and financial services law, regulation, and compliance.


Andrew Coakley

Andrew Coakley is the Director of Business and Product Development for Market Data Services at Sopra Steria. With 20 years of experience in the technology, consulting and project sectors, he is responsible for developing regulatory and financial market data propositions, capital markets offerings, and MiFID II implementation solutions.


Andy Hill

Andy Hill is Client Director at Sopra Steria. He has over 36 years of professional experience in the systems, technology, and consulting sectors.


Magnus Almqvist

Magnus Almqvist is a surveillance and compliance domain expert in the Europe, Middle East and Africa (EMEA) regions employed by SunGard. He is currently a senior product specialist for Protegent, SunGard's compliance business for the capital markets. He also provides expertise on the surveillance and supervision of financial markets in EMEA.


James Foley

James Foley is Head of Customer Experience for BT smartnumbers. James has worked closely with major investment banks, retail banks, advisory and investment firms in order to meet the requirements of both the Financial Conduct Authority and MiFID II.


Mark Holmes

Mark Holmes is CEO and Founder of Waymark Tech Ltd, which specializes in accelerating the identification and analysis of regulatory requirements. He has 13 years of experience developing products for banks and technology vendors. Mark is a market recognised expert in regulatory reporting space.


Key Benefits


  • Will be comprehensively instructed on all the major changes ushered in by the new MiFID II framework, including market structure, trade and transaction reporting, position limits and reporting, third country frameworks, organisational requirements, investor protection, and compliance technologies.
  • Will be guided through effective implementation of a MiFID II operational compliance framework.
  • Will be guided by Sungard through the impact of MiFID II on existing technology and software frameworks, and what gap and risk analysis firms should be undertaking.
  • Will be guided by Sungard through MiFID II strategies for financial services firms, and MiFID II strategic analysis.
  • Will hear Sopra Steria representatives discussing their new digital regulatory market data processing platform that they are building for the FCA. Their MiFIR Reporting Workshop will cover areas relating to FCA and market participant data feeds, MiFID II transaction reporting validation and storage, validation times, distribution sequence, the external interface specification, message types, testing, beta-testing phase, and the reporting warehouse facility. 
  • Will be guided through the new MiFIR trade and transaction reporting requirements and the transition to reporting under the FCA's new digital regulatory market data processing platform.
  • Will learn how MiFID II will affect financial services firms from legal, financial, operational, technological and strategic perspectives.
  • Will be guided by BT Smartnumbers through the new MiFID II recording of communications requirements, UK Information Commissioner requirements, and MiFID II compliance recording of communications technologies.
  • Will be guided by Waymark Tech through new and cutting edge machine learning software to easily and quickly identify and analyse MiFID II requirements for different types of financial services firms.

Who should attend


  • Back Office

  • Buy-Side Firms
  • Chief Executives
  • Chief Financial Officers
  • Chief Risk Officers
  • Compliance Officers/Directors
  • Data Firms
  • Front Office
  • General Legal Counsel
  • General Managers
  • Investment Managers
  • Middle Office
  • Sell-Side Firms