Darren Thomas, IHS Markit
London - IHS Markit, a provider of critical information, analytics and solutions, has announced a strategic alliance with Deloitte to address MiFID II regulatory challenges. This combined offering leverages IHS Markit's Outreach360 solution and Deloitte's regulatory business advisory expertise via a managed service.
IHS Markit and Deloitte will offer customers a total solution for navigating MiFID II data standardization, client outreach and counterparty terms of business repapering. Outreach360 provides a centralized tool to create, send and track status of regulatory client outreach communications while leveraging the existing network available on Counterparty Manager by IHS Markit. Deloitte brings advisory consulting expertise including MiFID II knowledge along with a managed service capability to address large-scale remediation.
"As a technology provider, we understand the right mix of dedicated resources, quality data and advanced systems are essential for client outreach and repapering," said Darren Thomas, managing director and head of Counterparty Manager at IHS Markit. "Through trusted resource planning support from Deloitte and a powerful digital platform like Outreach360, firms will be able to take a holistic approach to successfully meet the challenges associated with MiFID II compliance."