FiDA is in, which means legacy systems are out

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Perhaps overshadowed by what appear to be bigger and more impactful changes within the industry, the Financial Data Access (FiDA) regulation doesn’t get many headlines – but it really should. Regulators are targeting mid to late 2026 for it to come into force, which does not leave market participants a lot of time to get their ducks in a row. At the PostTrade 360° Nordic 2024 conference, Alan Goodrich of ERI dove into what the regulation could mean for the industry in the session titled “FiDA and the future of financial services”.

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