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Linedata has extended the capabilities of Linedata Reporting to include mobile access to fund data via smart phone and tablet and secure order entry on tablets for investors away from their desks.
This capability is being used by Linedata’s back office clients across North America and Europe.
Linedata Reporting now enables Linedata’s fund accounting, administration and transfer agency clients to provide a secure, mobile reporting and order entry facility for end investors. It caters for a wide variety of mobile devices.
The information can be tailored to the individual’s needs, and the live reports are badged with the
For the most part a lot of the drama surrounding the role of depositories and prime brokers under AIFMD has subsided. All parties concerned have pretty much fallen into line and are clear with what everyone’s roles and responsibilities will be. This is certainly true of Deutsche Bank who are fully AIFMD-compliant and already actively engaged in signing depository agreements with clients.
“We have a model that looks at sole depository services and how that might look in terms of level of reporting, level of due diligence required. We’ve already taken on board mandates where we act solely as the
ConceptONE LLC specialises in regulatory and risk reporting, an area of expertise that is fast gaining prominence as alternative fund managers begin to comprehend the enormity of regulatory compliance.
“We have developed a regulatory enterprise risk management solution – RegERMTM – specifically to meet the regulatory reporting challenge,” states Gary Kaminsky (pictured), Managing Director, Global Regulatory & Compliance at ConceptONE.
“It’s a holistic system because regulatory reporting now comes in many forms: not just Annex IV reporting under AIFMD, but Forms PF and CPO-PQR under Dodd Frank and EMIR and ESMA short selling.”
Annex IV reporting shares certain
Both depositories and fund administrators face huge demands from a data management perspective under the AIFM Directive. For any depository appointed by an AIFM running an onshore hedge fund, the scope of responsibility is greater than that required under a depository lite scenario for AIFMs running non-EU funds. This is because of the strict liability placed on the depository to return assets to the AIF in the event that something unforeseen happens and assets are lost.
Combined, the depository to an alternative investment fund (AIM) will have three core tasks to perform safekeeping of assets, cash monitoring, and general operational
By Gavin Byrnes, UBS Fund Services – The Alternative Investment Fund Managers Directive (“AIFMD”) has caused much rancour and debate over the last few years but at last the end is in sight. Some of the more challenging aspects of the Directive have centred on the Remuneration and Depository provisions, which the industry as a whole has struggled to understand and establish within their businesses.
Below are some of the practical challenges and considerations that managers should already be addressing pertaining to their Depository arrangements; in particular Article 21 of the Directive, which is still a provision where managers face
SuMi TRUST Global Asset Services provides sophisticated fund administration and custody services in the UK and Ireland and is backed by Sumitomo Mitsui Trust Bank Ltd (SMTB), the largest Trust Bank in Asia with over USD3tn in assets under custody.
David O’Keeffe (pictured) is the CEO of SMT Trustees (Ireland) Limited, the Irish Trustee/Custodian company. He notes that with SMTB’s A+ rating by Standard & Poor’s, a custodial network that extends into 100-plus markets, and the strength of a considerable balance sheet, SuMi TRUST can support alternative investment fund managers as they clamber to appoint a depository – either in an
The Alternative Investment Fund Managers Directive (AIFMD) has many moving parts for alternative investment fund managers to get their heads around. But perhaps one of the most salient issues they face – particularly managers running offshore funds – is the requirement to appoint a depository.
The vast majority of hedge fund managers have never had to do this before and whilst much of the dust has settled in terms of cost impact, there are still a lot of operational and practical details that managers are looking to get answers for.
At the heart of this is determining the type
eFront has launched FrontPM, a set of portfolio monitoring and analysis capabilities that aims to streamline and automate the gathering of portfolio company data and enable sophisticated performance analysis and reporting.
Investment managers will be able to dedicate more time to portfolio analysis and more quickly perform tasks such as responding to investor inquiries and generating quarterly reports. They will produce more accurate reports and streamline the portfolio company valuation process while spending less time troubleshooting and auditing their analyses.
Managers can enable their investors to easily receive and incorporate FrontPM output by generating AltExchange documents, the industry standard
Institutional equity derivatives broker Macro Risk Advisors has launched Macro Risk Solutions, a firm that advises clients on how to strengthen investment portfolios through periods of market uncertainty.
Using a research process focused on global risk analysis, and leveraging expertise in OTC derivative trade construction, the firm will help clients anticipate and hedge against areas of systemic market risk.
The independent and non-transactional based advisory model gives clients confidence they are achieving optimal outcomes when risk managing their portfolios with help from Macro Risk Solutions.
"The past five years have demonstrated the ongoing instability of the financial system
The Swiss banking group SYZ & CO is now turning to Scandinavia with the registration of 12 of its OYSTER funds in Sweden.
The Swedish client base is of particular interest since more than three quarters of Swedes invest in investment funds, making it an important European market.
Already registered in 10 European countries, OYSTER, the funds family of the SYZ & CO Group, is now marketing 12 of its funds in Sweden. These are OYSTER European Opportunities, OYSTER European Selection, OYSTER Japan Opportunities, OYSTER US Value, OYSTER US Selection, OYSTER Emerging Opportunities, OYSTER Global High Dividend, OYSTER Market
