StarLeaf VC Systems for MiFID II Communications Compliance, are a range of native Microsoft Skype for Business meeting room systems that enable financial organisations to achieve MiFID II compliance, from desktop to meeting room.
StarLeaf is the first manufacturer to offer meeting room systems that are fully-primed with a precise set of functionality, which enables financial service organisations to comply with the new Markets in Financial Instruments Directive (MiFID II).
MiFID is a European Union law which standardizes regulation for investment services across all member states of the European Economic Area. Now in effect, MiFID II features substantial revisions that offer investors protection and transparency across all asset classes.
Specifically, new rules dictate that all forms of communication concerning financial transactions are recorded so that there is an auditable trail. Crucially, compliance with MiFID II mandates that all video meetings are recorded and all participants logged, including those using meeting rooms.
“Financial service organisations that have adopted Microsoft’s UC platform are well catered for with a raft of enabling technology that supports their compliance”, said Jonathan Williams, Head of StarLeaf”s Microsoft Business Unit. “However, when it comes to video conferences and meeting rooms, organisations are faced with the need to record every meeting anf log every participant. Ultimately, this means that room systems cannot be randomly used and every meeting participant must be logged. This is precisely where StarLeaf comes in, we offer our customers a way to achieve compliance by ensuring that all people joining via a StarLeaf Microsoft Skype meeting room system are accounted for and tracked.”
Jonathan concluded: “Notwithstanding MiFID II and its impact on our customers, we will always ensure that employees can use their conference room facilities with ease. The StarLeaf range of Microsoft meeting room solutions enables financial service providers to meet the MiFID II regulations while presenting a simple meeting room user interface that requires no training to use and is familiar to every Microsoft user.”
The StarLeaf family of video meeting room and management solutions for Microsoft’s UC platforms – Skype for Business and Teams, provides the enterprise with all it needs to equip and manage all meeting spaces, from huddle rooms through to larger meeting rooms. For end users, the StarLeaf GTm meeting room system offers a beautifully simple and familiar environment, while admins benefit from a native system that registers directly to the Skype for Business Server and/or Office365.
As accredited StarLeaf Gold partners, speak to our experts at Videonations today regarding MiFID II Communication Compliance and your meeting room solutions.