Cordium Partners With Tech Specialist For AIFMD Reporting Service

Financial services consultancy Cordium is partnering with financial services technology specialist Indus Valley Partners (IVP) to offer a new service, designed to help clients meet the Alternative Investment Fund Managers Directive’s (AIFMD) reporting requirements.

The solution already fully covers Form PF reporting. Cordium and IVP will provide the industry with a seamless regulatory solution that combines regulatory services technology. The reporting solution enables investment managers to meet their global regulatory reporting needs from a purpose-built cloud platform and fully supports Annex IV reporting under AIFMD, as well as Form PF. Alternative Investment Fund Managers (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. This obligation is effective following the first full quarter of the AIFM authorisation.

Annex IV reporting is based on a complex classification system whereby the frequency of the report is determined by type of investment and the quantum of assets under management. The IVP solution fully automates Annex IV regulatory filings and combined with support from Cordium and IVP consultants will allow AIFMs to meet their Annex IV obligations in full, seamlessly without creating unnecessary manual workloads.