Kaskad Technology’s CTO Interviewed for Sun Microsystem’s MiFID Podcast

Boston, MA – 6 December 2006

RegNMS and MiFID: will the industry be ready?

Kaskad Technology announced that its Chief Technology Officer, Colin Clark, is the featured guest on Episode Ten of the MiFID Podcast, a series providing Unique Insights into MiFID (Markets in Financial Instruments Directive) from Industry Experts sponsored by Sun Microsystems.

Regulation National Market System (RegNMS) is a set of rules in the United States intended to modernize and strengthen the markets for equities securities. MiFID aims to create a single cross-border financial services regime across the European Union.

In the MiFID podcast, Clark describes the similarities and the differences between the US and European regulations being implemented in the next 12 months. He also discusses how technology currently being implemented in the US for RegNMS can be re-purposed to also meet the requirements of MiFID in Europe.

Colin Clark is a noted industry expert in building trading and compliance systems for exchanges and broker dealers. His work currently focuses on using the new developments in business intelligence technology and complex event stream processing to solve the tough issues around order routing, best execution, and compliance introduced by MiFID and RegNMS.

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