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Indus Valley Partners launches 40 Act Fund reporting functionality for hedge funds

Tuesday, December 03, 2013
Opalesque Industry Update - Indus Valley Partners (IVP), a leading provider of technology solutions to alternative asset managers, announced today the addition of a standard ‘40 Act’ rules library within the IVP Polaris data warehouse. This will enable fund managers to ensure their trading does not breach any limits imposed by the specific mandate they have received from investors.

The ‘40 Act’ library is the latest addition to the IVP Polaris data warehouse that already supports CLO Compliance rules, UCITS fund compliance, and BDC compliance.

Currently implemented across 25 funds with a total AUM of $225+bn, IVP Polaris is designed for the alternative asset management lifecycle and the specific reporting and regulatory requirements of 40 Act marketed funds.

“The increased institutionalization of the industry and the heightened level of regulatory oversight have led many hedge fund managers to extend their expertise into more traditional investment vehicles. The support for 40 Act reporting and compliance through the Polaris data warehouse reflects the commitment of IVP to provide its clients with solutions that drive their growth and support their fund platforms.” said Nikhil Tyagi, Managing Director at Indus Valley Partners.

Indus Valley Partners

Press Release

BM

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