About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

IHS Markit Builds out MiFID II Product Portfolio

Subscribe to our newsletter

IHS Markit’s collaboration with Deloitte on MiFID II counterparty entity classification and terms of business repapering builds out the company’s MiFID II product portfolio, which already includes transaction reporting based on the IHS Markit enterprise data management (EDM) solution.

The Deloitte collaboration follows IHS Markit’s introduction of the Outreach360 regulatory compliance communication platform last month and makes the consultancy’s regulatory expertise available as a managed service on the platform, along with MiFID II data standardisation, client outreach and counterparty terms of business repapering services.

Darren Thomas, managing director and head of Counterparty Manager at IHS Markit, says: “The industry is deciding what technology to use and how to resource client outreach. Buy-side firms will use the Outreach360 platform to reach out to their brokers and dealers.”

IHS Markit is working with Deloitte to define MiFID II requirements for its clients and show how compliance measures can be implemented. With Outreach360 as a collaborative platform, Deloitte’s resources, advice and consulting can help users establish and launch regulatory compliance projects, and track progress, ahead of the 3 January 2018 MiFID II compliance deadline.

The terms of business repapering element of the collaboration supports the updating of business terms of accounts to address new regulations affecting pre- and post-trade transparency, market structure, order routing and classification of clients. Thomas says: “Repapering means 30,000 to 60,000 clients have to be reached in the next five to six months.” To achieve this, Outreach360 is attached to IHS Markit’s Counterparty Manager platform, which has a community of more than 10,000 buy-side firms and corporates, and over 200 banks.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: An Agile Approach to Investment Management Platforms for Private Markets and the Total Portfolio View

Data and operations professionals at private market institutions face significant data and analytical challenges managing private assets data. With investors clamouring for advice and analysis of private markets in their search for returns, investment managers are looking at ways to gain a more meaningful view of risk and performance across all asset types held by...

BLOG

T+1 Settlement – Driving Behavioural and Technological Change in Post-Trade Operations

With the capital markets industry facing constant pressure to streamline operations and reduce costs, the shift towards a T+1 settlement cycle in Europe, including the UK and Switzerland, represents both a formidable challenge and a critical inflection point for post-trade processes. So what are the biggest risks facing firms ahead of this shift? How will...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...