Wed, Jun 28, 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 - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams[more]

    Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to

  2. Investing - U.S. hedge fund in anonymous bet against Tesco shares, Hedge funds made repeated attempts to invest in Veneto banks, Steve Cohen's Point72 takes stake in struggling electronics retailer Conn's, Hedge fund Excalibur bets Riksbank will tighten by end of year[more]

    U.S. hedge fund in anonymous bet against Tesco shares From FT.com: A $20bn New York hedge fund is using an offshore shell company to anonymously bet against the shares of the UK supermarket Tesco, raising fresh questions over the efficacy of European short selling disclosure rules.

  3. ...And Finally - Nighttime barbecue festival in downtown Memphis![more]

    From Newsoftheweird.com: On May 19, Carl Webb and his wife left a nighttime barbecue festival in downtown Memphis and headed home. They drove 14 miles on an interstate highway before a police officer pulled them over to ask if Webb knew there was a body on his trunk. The man was clinging to the lip

  4. Global macro hedge funds lose on sharp drop in oil prices[more]

    Komfie Manalo, Opalesque Asia: Global macro hedge funds suffered losses due to the sharp fall in oil prices and the drop in U.S. and U.K. Treasury yields, Lyxor Asset Management said in its Weekly Briefing. The Lyxor Global Macro Index fell -1.0% from 13 June to 20 June (-3.4% YTD). The Lyxor

  5. State pension plans see liabilities increase in 2016 - Wilshire[more]

    Bailey McCann, Opalesque New York: The funding ratio of state pension plans dropped four percentage points to 69 percent in fiscal year 2016, according to Wilshire Consulting. A year ago, Wilshire Consulting's annual state funding report uncovered a funding ratio of 73 percent. "U.S. stock pe