What is the challenge?
Under MiFID II, financial institutions need a strategy to deal with an unprecedented volume of new documentation.
Most organizations do not have the combination of available internal resources or a technology-enabled process to be able to handle the sheer volume of documents in a large scale documentation remediation and client outreach project of this nature.
Organizations that do not plan ahead and take action risk non-compliance with their regulators and higher legal costs.
What is Thomson Reuters doing to help?
Partnering with Thomson Reuters Legal Managed Services means you can plan ahead and meet your MiFID II obligations by ensuring compliant documentation.
Using a technology-enabled, process-driven solution, we provide full project scoping and management for client outreach, contract drafting, and negotiation to help organizations meet the MiFID II deadline.
Comprising over 1,800 permanent legal professionals around the world, with a proven ability to scale up or down as needed, we bring a solid familiarity of – and a wealth of knowledge to – the reviewing, drafting and negotiating of a vast array of financial contracts.
Our global delivery capabilities leverage the right resources in each location for the most relevant tasks to maximize your cost efficiencies. You can commence your documentation project within a matter of weeks and scale to needs throughout the project.