UBS will implement National Physical Laboratory’s “atomic” time synch tool ahead of MiFID II. UBS has signed an agreement with the National Physical Laboratory, (NPL) to implement its time accuracy technology ahead of regulatory time synchronisation reporting requirements. The new system is expected to be implemented in the second half of 2018 and will allow banks to better manage their cash flow by synchronising transactions with a central bank computer.
UBS will implement National Physical Laboratory’s “atomic” time synch tool ahead of MiFID II. The new system is expected to be implemented in the second half of 2018 and will allow banks to better manage their cash flow by synchronising transactions with a central bank computer.