The Importance of Technological Compliance in the Banking Sector
Graham Smith, Vice President of the Southern Division (UK), gives comment on the compliance issues facing the banking industry in the UK.
Three major compliance deadlines need to be met within the next 6 months;
- Markets in Financial Instruments Directive (MiFID)
- Faster Payments Service (FPS)
- Single European Payment Area (SEPA)
Banks will need to undertake major technological change and integration to comply with these regulatory demands and this document discusses the implications involved.
What our clients say
"The work we are doing with AppLabs in terms of the creation of a Test Center of Excellence is of strategic importance to our business. Over the months we have been working together we have formed a very close partnership, and we are able to trust AppLabs to deliver the ideas and solutions we need."
Peter Bates
Manager of Development Support Services, FRIENDS®