Tech vendors court law firms for KID market
Fintech companies are planning partnerships with EU law firms to work on tools for preparing the key information documents that will be required for structured products in Europe from 2017
Financial technology vendors are courting law firms to help develop software that can automatically produce European Union-mandated structured products documentation for the incoming Packaged Retail and Insurance-based Investment Products (Priips) regulation.
A number of law firms – understood to include Norton Rose Fulbright, Ashurst and Allen and Overy – have been approached by fintech providers who want to refine IT tools that speed up the assembly and distribution of key information
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