KNEIP has been appointed by Vontobel Asset Management to carry out fund data management, regulatory filing, KIID production and dissemination and financial reporting.
Vontobel Asset Management will be making use of KNEIP’s service across its entire Swiss- and Luxembourg-domiciled fund ranges.
Joel Kieffer, sales manager at KNEIP, says: “Our data, document and reporting management solution helps Vontobel streamline the data aggregation process and supports the generation and submission of the finalised documents to relevant authorities, in the relevant languages and formats.”
For regulatory filing, KNEIP’s solution was developed in partnership with CETRELSecurities and is fully sanctioned by Luxembourg regulator CSSF. It automates the dissemination and monitoring of regulatory documents, including written notices, to 30 European Economic Area countries.
Bob Kneip, CEO of KNEIP, says: “Ensuring compliancy with the reporting requirements of UCITS can be a burden for many fund managers and increasingly we are seeing managers looking for resource-efficient solutions to these challenges. Outsourcing these ancillary functions to specialist providers not only delivers cost-savings, it also allows managers to re-focus on generating returns for investors.”
Bernhard Schneider, head of international product management at Vontobel Asset Management, says: “The decision to appoint a provider for our KIID, fund management and reporting functions is part of a wider ambition to continuously improve our operational efficiency and support growth in an international environment, and to ensure we are compliant with industry best practices. Partnering with KNEIP for this was a decision based on their partnership-like pricing model, the scalability of their services and the fact that they provide a one-stop shop for this range of services.”