Best Execution Compliance Automation
Financial Services Research April 2006 - Z/Yen Group
3 Pages Posted: 7 Oct 2020
Date Written: 2006
MiFID requires investment firms to be able to demonstrate that they have secured the best possible execution for their clients, taking into account the various characteristics of the trades involved. In this article, Mark Yeandle, Senior Consultant at Z/Yen, reviews the development and testing of Z/Yen’s risk/ reward prediction software that offers a ‘sifting engine’ designed to help firms automate the best execution compliance function.
Keywords: Execution Compliance Automation, MiFID, Risk/Reward Prediction
JEL Classification: G00 - General
Suggested Citation: Suggested Citation