MiFID II Cash Equities Technology Framework Implementation
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Did You Know?
Caspian One helped a top investment bank re-engineer its MiFID II Cash Equities Technology framework, deploying 35 specialists who worked alongside the bank’s 420-person internal team to ensure seamless compliance, process over 300GB of real-time market data daily, and introduce greenfield enhancements to futureproof their trading systems.
This story highlights Caspian One’s ability to deliver complex regulatory technology solutions at scale. By integrating specialist expertise in KDB engineering, regulatory analysis, and full-stack development, we provided the agility and precision needed to meet strict compliance deadlines while enabling long-term innovation.
Our flexible resourcing model allowed the client to scale efficiently, retain critical talent, and enhance their trading infrastructure beyond immediate regulatory needs - reinforcing their competitive edge in global markets.
The Challenge
With MiFID II mandating greater transparency, precise reporting, and real-time data processing, the bank faced an urgent need to align its Cash Equities Technology framework with evolving regulatory standards. Compliance required not only refining how trade data was captured, processed, and reported in real-time but also ensuring the system could handle increased regulatory scrutiny without impacting trading performance. Meeting these strict deadlines while maintaining operational efficiency was a critical challenge.
Beyond compliance, the bank sought to futureproof its trading technology - building a framework that was not just regulation-ready but also scalable and adaptable to ongoing market and legislative changes. Achieving this required deep expertise in KDB engineering, regulatory analysis, and change management, all within a rigid timeline that left no room for error.
Our Approach
Caspian One deployed a dedicated team of 35 consultants, seamlessly integrating with the bank’s existing 420-person department. Our expertise spanned:
Regulatory Business & Change Analysis – Ensuring the MiFID II framework was aligned with evolving compliance mandates
KDB Engineering – Enhancing real-time US market data processing and optimising sharding strategies for 300GB of trade data per day
Full-Stack Development & Automation – Strengthening data integration and improving execution reporting workflows
A flexible, ramp-up/ramp-down engagement model allowed the client to scale resources as needed, ensuring agility in adapting to regulatory changes and maintaining cost efficiency. By working 90% onsite and 10% nearshore, Caspian One provided immediate face-to-face engagement with key stakeholders, rapidly addressing challenges and accelerating project delivery.
The Outcome
The bank successfully implemented its MiFID II-compliant technology framework, ensuring seamless real-time trade data processing through optimised sharding strategies. This allowed for high-performance execution at scale while maintaining system efficiency under regulatory scrutiny. By achieving compliance ahead of deadlines, the bank mitigated risk, reinforced operational integrity, and avoided potential regulatory penalties.
Beyond compliance, the project delivered a future-ready trading framework designed for scalability and adaptability. This not only met immediate regulatory requirements but also positioned the bank to integrate further enhancements as market demands evolved. A key part of this success was the strategic retention of intellectual property, with junior and specialist hires transitioning into permanent roles, ensuring long-term expertise remained within the organisation.
Through Caspian One’s engagement model, the bank gained the flexibility to scale resources as needed, seamlessly adapt to shifting regulatory landscapes, and retain top-tier technical talent. This approach not only met critical compliance goals but also laid the foundation for continued innovation within its trading technology infrastructure.
What This Meant for the Client:
The success of this project reinforced the bank’s position as a leader in regulatory compliance and technology innovation. By working with Caspian One, the bank gained:
A futureproofed MiFID II framework, capable of adapting to new regulations
A refined trading technology infrastructure, optimising real-time data processing at scale
A cost-effective talent strategy, converting key consultants into long-term internal assets
A trusted partner for ongoing regulatory and trading technology initiatives
Key Details & Expertise
Keywords: MiFID II Compliance, Cash Equities Technology, KDB Engineering, Regulatory Analysis, Real-Time Data Processing, Specialist Talent Acquisition, Agile Delivery, Financial Services Innovation, Operational Integrity
Primary Areas of Expertise: Application Development, Infrastructure
Secondary Areas: Trading System Development, Skills Acquisition, Regulatory Change Management, Data Engineering
Resource Roles: KDB Engineer, Regulatory Business Analyst, Full-Stack Developer, DevOps Specialist
Looking for Similar Expertise?
Navigating regulatory changes requires expert knowledge, adaptable solutions, and high-performance technology frameworks. Caspian One has a proven track record of delivering compliant, scalable trading solutions for global financial institutions. Let’s discuss how we can support your next initiative.
