Eze Software Group, a premier provider of global investment technology, today announced the expansion of Regulatory Filings Manager to support Alternative Investment Fund Managers Directive (AIFMD) Annex IV filings.
Clients can now leverage the robust functionality of this enterprise reporting solution to generate necessary reports in accordance with the compliance deadlines of AIFMD.
Proposed by European Securities and Markets Authority (ESMA) last year, AIFMD requires that alternative investment funds meet specific risk management standards for better monitoring, measuring, and reporting. Funds need to provide supervisory authorities with detailed investment data on a quarterly or bi-annual basis for increased transparency into funds' activity.
"AIFMD represents another large, complex filing that requires our clients to pull relevant data from multiple data sources across historical time periods. Contrary to previous filings, AIFMD requires clients to reevaluate, recalculate, and reformat that data to correspond with ESMA reporting guidelines," said Phil Christianson, associate director of product management at Eze Software Group. "The flexibility and extensibility of our technology framework allowed us to react quickly to these new regulations. We have enhanced the capabilities of Regulatory Filings Manager to help our clients meet these new reporting requirements, while also benefiting from flexible and intuitive workflow management tools that ensure efficient compliance, risk management, and data governance."
Eze Software's Regulatory Filings Manager streamlines and automates complex filing processes with a centralized and scalable data management solution that provides a repository for storing multiple filings with version control. The solution automates and organizes the AIFMD filing process for investment advisors with a flexible user interface and prebuilt templates based on the Annex IV reporting template of AIFMD. Users can leverage an advanced toolset to intuitively map and define data, create golden copies of positions, and render accurate calculations.
"Our AIFMD solution is a natural extension of all that we have learned in helping our clients file Form PF and CPO-PQR," said Michael Hutner, senior managing director and co-head of global sales for Eze Software Group. "Regulatory Filing Manager is able to efficiently aggregate, consolidate, and map key data points from the clients' systems to help them effectively draft filings. This is just one example of our dedication as a company to the continued development of our front-to-back platform to meet the unique needs of our clients."
Eze Software Group has successfully completed over 100 filings with Eze OMS's Regulatory Filings Manager.