Fri, Jan 20, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Viteos launches comprehensive regulatory reporting platform

Thursday, July 11, 2013
Opalesque Industry Update - Viteos Fund Services, a leading global administrator and middle office solutions provider, today announced the latest in a series of strategic deliverables designed to mitigate the regulatory burden facing investment managers worldwide.

Viteos' offering is the industry's first comprehensive regulatory reporting platform that meets the requirements of current major regulatory filings as they relate to financial, risk, investor, and trade data including those mandated by: SEC/CFTC Form PF and CFTC Form CPO-PQR in the U.S.; and AIFMD filing requirements in Europe.

As managers face challenges of proficiency, cost, and time associated with regulatory burdens, Viteos has devised a solution that has multiple advantages for managers and operations.

First, the web-based platform intelligently captures and normalizes data from multiple sources, addressing the information overlap that underlies many of the current regulatory reporting mandates. Viteos then extracts information from one uniform database in the appropriate format(s), resulting in consistent data across all regulatory filings. Managers can either opt for the full suite of regulatory filings or select specific filings to which they are subject.

Second, as many of the questions contained in the forms are subject to interpretation, Viteos provides added value consulting and accounting services, designed to provide domain expertise which may not be available in-house.

Finally, Viteos eases the burden on operations and compliance personnel, by providing important workflow features such as audit trail and mock filing section-based review – resulting in an efficient, cost-effective, routine and repeatable process over time. This frees up operations managers to focus on tasks and initiatives to support alpha generation, rather than on regulatory administration.

Said Shankar Iyer, Viteos CEO: "Fund managers today are increasingly constrained by the challenges around capital raising and performance returns on AUM in an intense competitive environment. More so than ever, managers are focused on 'value' based operations. They don't need to be distracted by regulatory and administrative tasks - that shift their attention to operations - in which they may not have demonstrable expertise. Our approach relieves this burden and enables them to have the assurance that the regulatory side of their business is being addressed."

Viteos

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised