London - November 13,
2007
- With
November 2007 marking the official date for MiFID compliance, Alsbridge
plc,
the award winning advisors on outsourcing, shared services and
offshoring have
partnered with law firm Bird & Bird to raise awareness of the
implications
that MiFID will have on outsourcing arrangements within the Financial
Services
industry.
Together
they have developed a “MiFID Compliance Outsourcing Health
Check”, an
independent audit and review which addresses both operational and
contractual
outsourcing arrangements in one process. It delivers an approach to
compliance
that is both unified and fail-safe, taking into account the
FSA’s new
requirements.
Clients
of the Health Check will be provided with a detailed compliance report
setting
out practical and commercial outsourcing advice and recommendations for
remedial
improvement where the MiFID requirements have not been met.
Alsbridge
Partner, Rick Simmonds
comments:
“Working together with Bird & Bird, we have developed
a unique offering to
ensure that clients have peace of mind that their outsourcing
arrangements are
compliant with MiFID, and are delivering performance at the right
price.”
To
test your own MiFID compliance for free with our interactive web based
tool,
please contact Helen Ricardo
on +44
(0)20 7242 0666.
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