Visual mapping to explain MiFID, Hips, other issues

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IFAs and other intermediaries could soon have further help in understanding complex regulatory structures such as MiFID thanks to visualisation methodologies being promoted by Fintecs.

The company’s business is about substituting complex documentation, mostly from within large sized organisations such as banks, and turning the ideas contained in those documents into graphic or pictoral form, which can then be printed out as ‘maps’ of organisational structures, IT systems, products and so on. Fintecs managing director Tony Gratton says the visualisation of systems and processes can be far more efficient than documentation in identifying problems when they arise – such as poorly functioning communication between different systems databases – or in helping carry out plann...

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