Maples Fund Services has extended its regulatory reporting service to incorporate Annex IV reporting for AIFMD.
The new offering will provide an interactive solution for clients to streamline their regulatory reporting workflow from the capture of data and key assumptions through risk computations, review, approval, and straight-through reporting to the relevant authorities.
The new services will complement existing compliance and regulatory services including reporting for Form PF, CPO-PQR, and OPERA already provided to fund administration and middle office clients.
These services leverage proprietary solutions for accounting, performance and risk reporting performance reporting provided to middle and back office clients.
As part of the expansion, Maples Fund Services has engaged with ConceptONE to employ its technology in concert with Maples Fund Services’ technology framework to create a seamless interface for investment managers, their funds and regulators.
“The magnitude of new regulatory reporting requirements is fundamentally altering the global alternative funds industry. Our offering will help guide managers through the process and help alleviate many of the resource, cost and technology pressures associated with compliance,” says Toni Pinkerton, global head of fund services. “Specifically for Annex IV reporting under AIFMD, this offering will help to ensure our clients who market within the EU are compliant.”
The regulatory reporting solution is configured to calculate and aggregate data to respond to key filings. It includes a web-based data management application that allows for the loading, reviewing, modifying, and approving of consolidated data. The application supports the review, approval and electronic submission of filings and also maintains a full audit trail.