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JWG-IT and Eukleia Training announce training initiative to help capital market participants meet the challenges of MiFID


WEBWIRE

JWG-IT Group Ltd, the independent think-tank for EU regulatory change, and Eukleia Training Ltd, the leading compliance training company, today announced a partnership to provide high quality Markets in Financial Instruments Directive (MiFID) related training to the European financial services market.

Combining the expert training capabilities and resources of Eukleia with JWG-IT’s in-depth knowledge of the operational impacts of MiFID, the partnership will design and deliver a range of courses addressing a comprehensive set of MiFID- related subjects. The first classroom based course will be delivered in February 2007.

Commenting on this initiative, PJ Di Giammarino, CEO of JWG-IT, said “Over the last six months, we have had a number of approaches from organisations looking for training assistance, but we felt that, while we were focused on developing our core analysis material and MiFID Market Models, we would not be in a position to help. Working with Eukleia means that we can leverage our material and expertise and deliver it to the market in new ways. We were particularly attracted to working with Eukleia for the depth of experience that they bring from many years of providing compliance training to a wide range of financial institutions.

Patrick Thompson, Managing Director of Eukleia adds “MiFID is the key regulatory issue our clients face at present, and as such, we are developing a range of materials to support their training needs. The scope of MiFID has an impact across a wide range of operational, systems and other functional areas in addition to core compliance. We therefore believe that working with a specialist partner will produce training that is relevant to a wider audience, and is also more effective, since it can cut across these traditional functional boundaries. JWG-IT has established itself as the thought-leader in the MiFID space and its work with leading financial institutions has generated an enormous range of analysis material, implementation tools and a keen understanding of the operational implications that MiFID will have.“
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About JWG-IT Group Ltd
Established in January 2006, JWG-IT is an independent think-tank that believes that MiFID, like most EU regulation, could be implemented quicker, cheaper, better and with less risk through collaboration across the technology value chain. It works with trusted technical experts from its membership to identify practical options which facilitate the adoption of appropriate, affordable and advanced IT solutions to regulatory-driven change. JWG-IT brings financial institutions, market infrastructure players and IT Suppliers together to confront common challenges. Membership is open to any organisation that plays, or could play, a role in the financial services value chain. For further information, please visit www.jwg-it.eu or contact PJ Di Giammarino on +44 (0)7811 430503.


About Eukleia Training Ltd
Eukleia Training Ltd provides classroom and elearning training services to the financial services industry. Founded in 2004 by a group of directors with over 40 years of collective compliance training experience, Eukleia has rapidly become established as the leading compliance training company in this field. Eukleia has built its reputation on the quality of its compliance content, coupled with a design style that delivers highly engaging and effective elearning courses. Eukleia has an extensive catalogue of generic courses, which can be tailored to suit the particular requirements of its clients. Eukleia also offers a fully bespoke course development service.
For more information, visit www.eukleia-training.com or call Simon Cooper on +44 (0)20 7438 9850



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