Tue, Jul 7, 2015
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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner