The document provides information about an upcoming MiFID II training course taking place from September 21-22, 2017. The training course will provide legal, operational, strategic, and technological insights into the new MiFID II regulatory framework. It will feature experts from various industries who will discuss topics like MiFID II compliant recording technologies, the FCA's new regulatory market data processing platform, and MiFID II compliance software. Attendees will gain an in-depth understanding of how MiFID II will impact different areas of financial firms and will receive over 500 pages of training materials. Key benefits of attending include advanced knowledge of MiFID II compliance issues, insights on draft Level 2 texts, understanding the changes required and

1. MIFID II:
OPERATIONAL COMPLIANCE
21ST
-22ND
SEPTEMBER 2017

2. MiFID II: Operational Compliance
© Copyright 2017 | Storm-7 Consulting | All Rights Reserved 2
Why Should I Attend?
About the MiFID II Training Course
The 'MiFID II: Operational Compliance' training course will provide a unique blend of legal, operational, strategic,
and technological insights into the new MIFID II framework. It will also incorporate new insights that we developed
recently when delivering our MiFID II In-House Training Course to the Abu Dhabi Investment Authority. The MiFID
II training course is unique in that, in addition to providing you with highly comprehensive MiFID II training
materials, it features experts from across a diverse range of industries. The training course will allow attendees to
understand how MiFID II will affect firms across the Back Office, Middle Office, and Front Office functions.
James Foley, the Head of Customer Experience for BT Smartnumbers will be guiding attendees through new
MiFID II compliant recording technologies. Andy Hill (Client Director) and Andrew Coakley (Director of Business
and Product Development for Market Data Services) will be proving in-depth insights into the Financial Conduct
Authority's (FCA) new regulatory market data processing platform. Magnus Almqvist is a MiFID II technology
specialist who will be guiding attendees through a very broad range of MiFID II technology areas.
Marks Holmes, the CEO and Founder of Waymark Tech Ltd, will be providing a live demo of the company's new
'Wayfinder' regulatory compliance operating software. Attendees at the MiFID II training course may also be offered
a complimentary six week trial of Wayfinder, the software system that uses machine learning and natural language
processing techniques to accelerate the identification and analysis of regulatory requirements. It slices through the
MIFID II framework, through the Directive, the Regulation, the Technical Standards, and Guidelines, and tells firms
exactly what they need to do to comply. You can understand MiFID II at the touch of a button. It essentially seeks
to revolutionise the way companies and individuals approach regulatory compliance, as banks, investment firms,
and legal and consulting firms will be able to provide dramatically faster and more comprehensive advice on all
kinds of regulatory review and analysis projects.
Why Should I attend the MiFID II Training Course?
Our training courses typically take between two to four weeks to research, design, create, and finalise. The training
course manuals range in size from 150 pages to 500 pages. The current MiFID II training course manual is 543
pages long. This will be updated to include the latest MiFID II updates released by the FCA and the European
Securities and Markets Authority (ESMA). The MiFID II training course manual is unique, there is nothing else like it
anywhere in the world today. One of the most compelling reasons to attend the MiFID II training course is to save
costs.
In order to get a general grasp of the MiFID II framework a Compliance Officer would have to spend at a minimum
one week reading the legislation, Implementing Technical Standards (ITS), Regulatory Technical Standards (RTS),
Guidelines, articles, and commentary. One week would equate to 35 hours (assuming 7 hours per day). Typical
Compliance Officer salaries range between £60-£100 K. So if we take the lower bracket of £60,000 that equates to
£1153.84 per week.
So if a Compliance Officer undertakes such research the end result is that the firm has spent £1,153.84 and the
Compliance Officer has a general understanding of MiFID II. However, no one else has any understanding of
MIFID II. The Compliance Officer has no training materials which he can use to develop further briefings and
reference materials for the firm. Also, the Compliance Officer will not have any understanding of: (1) MiFID II
technologies; (2) MiFID II strategic insights; (3) MiFID II investment opportunities; (4) the FCA's regulatory market
data processing platform; (5) the varied geographic impact MiFID II will have across the European Union (EU); and
(6) the operational impact of MiFID II.
If the Compliance Officer attends our MiFID II training course for approximately the same price as it costs the firm
(£1,200) he or she will have training materials and a greater understanding of these areas. If one Compliance
Officer attends the event and then returns and attempts to brief others, it will never be the same as if each
Compliance Officer attends the event and develops greater personal knowledge and understanding of MiFID II.
Another reason is that we have heard many people say "I know all about MiFIDI II". But most times we are of the
view that they do not know all about MiFID II, they just do not realise it. Most people we tend to speak to think that
they understand MiFID II, because they may have read a number of articles and even gone through the Directive,
the Regulation and perhaps even some of the Technical Standards. What they fail to understand is that you cannot

3. MiFID II: Operational Compliance
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understand MiFID II without understanding how the other regulatory compliance frameworks interact, and how they
all impact financial services firms. It is only once you have comprehensively gone through and done this for all the
regulatory compliance frameworks (PRIIPs, CRD IV, PSD2, EMIR, AIFMD, Solvency II, FATCA, OECD CRS, MAD
2 MAR) that you are then able to really understand and predict how the financial landscape will change, and how
MiFID II will interact with other frameworks.
That takes a very long time. We should know because we have done it. When we go through regulatory
compliance frameworks understanding the framework is not our only objective. For us it is also about money. It is
about identifying what investment opportunities are available and what cost savings that firms can implement. It is
also about identifying MiFID II operational strategies. MiFID II compliance should not be the objective for firms. The
objective should be MiFID II strategic compliance. It should be about identifying how firms can leverage MiFID II to
strategically differentiate themselves from competitors. The insights that the training course will provide are unique,
and you will not find them anywhere else in the world.
Key Benefits
• Advanced knowledge and understanding of the latest MiFID II regulation, compliance, and risk management
issues.
• Key analysis and insight into the latest draft Level 2 texts published by ESMA.
• Delegates will be comprehensively instructed on all the major changes ushered in by the MiFID II framework,
including market structure, trade and transaction reporting, position limits and reporting, algorithmic trading, dark
pools, third country frameworks, organisational requirements, investor protection, and compliance technologies.
• Delegates will be updated with the latest and most relevant MiFID II regulatory issues and ESMA technical
standards affecting financial services firms in the EU, as well as insights into how to optimise and leverage
MiFID II regulatory compliance frameworks.
• Delegates will learn how MiFID II will affect financial services firms from legal, financial, operational,
technological and strategic perspectives.
• Delegates will be updated on MiFID II business strategies for financial services firms (e.g., minimising
operational losses on Return on Equity (ROE), changing strategic business directions, minimising the MiFID II
negative impact on future profitability) and EU market capitalisation strategies (high negative impact on cost-
income ratios, Third- Country Firm passporting, SME growth markets).
• Delegates will be guided through the impact of MiFID II on existing technology and software frameworks, and
what gap and risk analysis firms should be undertaking.
• Delegates will be guided by through MiFID II strategies for financial services firms, MiFID II strategic analysis,
and MiFID II investment opportunities.
• Delegates will hear Sopra Steria representatives discussing their new digital regulatory market data processing
platform that they have built for the FCA. Their MiFIR Reporting Workshop will cover areas relating to FCA and
market participant data feeds, MiFID II transaction reporting validation and storage, validation times, distribution
sequence, the external interface specification, message types, testing, beta-testing phase, and the reporting
warehouse facility.
• Delegates will be guided by BT Smartnumbers through the new MiFID II recording of communications
requirements, UK Information Commissioner requirements, and MiFID II compliance recording of
communications technologies.
• Comprehensive course documentation including a +500 page MiFID II Manual.
• Electronic delivery of ten comprehensive MiFID II PowerPoint Sessions, Workshops, and Presentations.
• Post-course Expert Trainer follow-up to guarantee all key MiFID II course objectives have been met.
• Reduced price purchase of the new MAD2 MAR: Operational Compliance training course manual (optional).

4. MiFID II: Operational Compliance
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