GreenKey has revealed a voice quote capture tool, reportedly a first-of-its kind for financial services. The voice quote capture tool aims to address a the pre-trade transparency challenge faced by asset classes still actively traded on voice based markets; MiFID II will require any bid or offer given to clients for liquid products to be made public in real time. A pilot version of the tool will be offered to enterprise users of Symphony Communication’s next-gen workflow platform for testing in Q2 2016. One of the most controversial requirements is that any bank that regularly makes prices, including by voice, will be deemed to be an SI and have to make public in real time any bids or offers that it gives its clients for liquid products. In an interview with Bloomberg, Mike Green, CEO and co-founder of GreenKey, said that his company is working closely with regulators around the world as they develop new rules related to digital assets.
GreenKey has revealed a voice quote capture tool, reportedly a first-of-its kind for financial services. The voice quote capture tool aims to address a the pre-trade transparency challenge faced by asset classes still actively traded on voice based markets; MiFID II will require any bid or offer given to clients for liquid products to be made public in real time. A pilot version of the tool will be offered to enterprise users of Symphony Communication’s next-gen workflow platform for testing in Q2 2016. In an interview with Bloomberg, Mike Green, CEO and co-founder of GreenKey, said that his company is working closely with regulators around the world as they develop new rules related to digital assets.