Financial market meltdown prompts swift MiFID reviews. Brookcourt reasserts financial securities deadline, despite market woes. Friday 7 September 2007 PDF Print SURREY, ENGLAND, 17 August 2007 - As financial markets around Europe, the US and Asia reel from the current turmoil in credit markets, network security specialists Brookcourt Solutions (http://www.BrookcourtSolutions.com) is reminding financial firms that they need to ensure their Market in Financial Instruments Directive (MiFID) compliance projects are still on track, and that MiFID may yet help mitigate some of the ongoing risks and costs by improvements in business processes. As global financial markets tumble on securities and credit fears, financial instrument risk exposure is moving around the world in real-time. In the light of such riskier assets, whether credit debt obligations and other traded securities investments, Brookcourt, a leader in state-of-the-art secure networking, is warning affected organisations that it is still not too late to review IT and process strategies before the November 1st MiFID deadline. This month, Brookcourt is to co-sponsor Infosecurity New York expo as it ramps up support for companies affected by MiFID. With less than three months left before ‘M-Day’ and a legal requirement to ensure total compliance with the new EU Directive, all regulated investment institutions, wholesale and retail brokers on buy and sell-side securities across Europe - and their American and international partner organisations - have to comply with the strict guidelines within the EU’s MiFID. All financial sector companies operating in Europe must be fully-compliant with MiFID in order to continue doing business or risk litigation or reputational loss. Brookcourt’s presentations on MiFID will offer late-breaking reassurance as well as practical hints and tips on security and integration aspects, fully endorsed by industry working groups closely involved with MiFID. Brookcourt Solutions is sponsoring Infosecurity New York expo, running from 11 - 12 September 2007 at the Jacob K. Javits Convention Centre in New York, USA (www.infosecurityevent.com) Phil Higgins, partner at Brookcourt Solutions said: “ We are in a unique position, because we understand how MiFID effects the firms business and IT departments we are able to demonstrate cost effective solutions that mitigate risk. Brookcourt Solutions will be presenting in partnership with other financial organisations at Infosecurity New York For further details contact: Kate Wallyn – Corporate Marketing Manager Brookcourt Solutions Kate.Wallyn@BrookcourtSolutions.com Tel: 01737 852 251 Or visit: http://www.BrookcourtSolutions.com This press release was distributed by ResponseSource Press Release Wire on behalf of Brookcourt Solutions Limited in the following categories: Business & Finance, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.