The reporting solution is designed to enable investment managers to meet their global regulatory reporting needs from a purpose-built cloud platform and supports Annex IV reporting under the AIFM directive, as well as Form PF.
AIFMs that manage or market an AIF into the European Union or EEA will be obliged to file regular Annex IV reports to the relevant regulatory authority, an obligation that is effective following the first full quarter of the AIFM authorisation.
“Complying with global reporting obligations such as Annex IV and Form PF requires a good deal of planning and preparation,” said Michel van Leeuwen, CEO of Cordium.
“Furthermore, Annex IV represents a far more onerous level of reporting than many soon-to-be AIFMs are used to. Automation will be crucial to minimise the impact on company resources and ensure compliance.”
“This solution is powered by IVP’s Raptor and is already reporting $375bn regulatory AuM for its clients across the globe, helping them effectively manage their global regulatory reporting requirements,” said Gurvinder Singh, co-founder and CEO IVP.
“Partnering with Cordium allows us to extend our joint expertise to AIFMs as the first Annex IV reporting deadline approaches. We understand the regulatory scrutiny the industry is facing and will continue to expand Raptor as the global regulatory landscape evolves for asset managers.”