SS&C GlobeOp has filed the initial Form PF for clients using its Form PF service offering.
Wednesday 29 August was the first deadline for funds of over USD5bn in regulatory assets under management to file Form PF with the Securities and Exchange Commission.
“We decided to offer a premium service combining our deep regulatory expertise, comprehensive research and development and a cloud-based technology infrastructure. This strategy has proven to be very effective in this first phase of compliance,” says Bill Stone (pictured), chairman and chief executive officer, SS&C Technologies. “In response to further demand from firms who will be complying for the first time at year-end, we will host several breakfast briefings featuring SS&C GlobeOp Form PF experts with outside lawyers, auditors and consultants. These forums will highlight best practices and strategies for success in Form PF filings.”
The required Form PF filing information includes portfolio, performance, investor and risk data, with as many as 1,600 data points per reporting fund.
The SS&C GlobeOp offering supplies the technology, resources and expertise to streamline the Form PF reporting process. The web-based solution supports complex fund structures, and multiple asset types and data sources. SS&C GlobeOp’s Form PF solution can be used by current fund administration clients or on a standalone basis by funds who use third party administrators or administer in-house.