/regulation & compliance

News and resources on regulation, compliance, legal and governance issues for banks and fintechs.

Confluence offers Form CPO-PQR reporting capability

Source: Confluence

Confluence, the global leader in investment data management automation for regulatory, financial and investor reporting, today announced that a more efficient and cost-effective response to CPO-PQR reporting, is now available within its Unity NXT Regulatory Reporting platform.

Form CPO-PQR requires that registered commodity pool operators file specific information about their firm and the pools that it operates with regulators on a quarterly basis. Confluence's new Form CPO-PQR solution supports reporting to both the CFTC and the NFA on a wide range of required data, including investment strategy, asset classes, risk metrics, collateral, counterparty credit exposure, and the use and levels of leverage, among many other aspects of their operations.

Unity NXT®, a flexible platform constantly under development to support client reporting requirements in an ever-evolving regulatory landscape, recently succeeded in enabling Confluence clients – including fund administrators and asset managers that service over 75% of all ’40 Act funds – to successfully meet their Form N-PORT and N-CEN reporting obligations. Form CPO-PQR is the latest form that can be filed through this technology, easing the complexity, time commitment and expense of compliance.

“In the midst of a revolution in the way data is managed in our industry, Form CPO-PQR is a requirement that many firms have continued to handle manually, despite the time and costs that entails,” said Todd Moyer, Chief Operating Officer at Confluence. “We’re excited to offer a brand-new solution that leverages the power and convenience of our Unity NXT platform to help our clients meet their reporting requirements easily and efficiently.”  

Comments: (0)