Hargreave Hale goes live on Dion Global’s MiFID II package
11 May 2017 | 2047 views | 0
Source: Dion Global
Dion Global Solutions (Dion | BSE: 526927) announced that Hargreave Hale have recently progressed with the implementation of their MiFID II solution.
With the deadline for MiFID II compliance rapidly approaching (3rd January 2018), Hargreave Hale has demonstrated its commitment to its customers and the regulatory bodies by being an early adopter of the new rules and guidelines for enhanced transparency and increased customer service.
Hargreave Hale, a leading provider of investment management, stock broking and fund management services in the UK, recently reported surpassing another milestone with funds under management now in excess of GBP7 billion* (and over GBP8 billion assets under administration). This further cements the significant technology revamp that their software partner, Dion Global, has supported them through. Hargreave Hale uses the entire suite of Dion Global’s Wealth Management modules including Investment Management, Order Management, Asset Administration, Fees processing, Corporate Actions notifications, Client Communication portal, reporting and are now live on the MiFID II platform as well.
Stuart Brookes, Joint Managing Director, Hargreave Hale, said, “Dion Global’s ability to remain proactive as opposed to reactive with regards to MiFID II compliance has allowed us to focus on growing our business without system readiness being our primary concern. Their new technologies have allowed us to improve our STP rates, grow our client base and have oversight via the newest module 'Analytics' which provides us with Management Information at our finger tips.”
Kean Williams, Global Head of Wealth Management & Post Trade solutions, Dion Global, stated, “Our partnership with Hargreave Hale continues to flourish and along with our other clients, benefit from the many advancements that we have made. We have 10 clients on a journey to MiFID II compliance this year and at the same time are taking advantage of new tools to help grow their business”. He continued to add, “Hargreave Hale has strong growth plans and embraces the role technology can play in supporting their strategy. Our new cloud based modules also allow a speed of deployment that gives Hargreave Hale and other clients quicker access to the significant business benefits that our solutions provide.”