DataArt Releases Free AIFMD Reporting Tool

DataArt, a software development company for financial services, healthcare and other industries, has added AIFMD reporting capabilities to its existing Form PF software.
By Jake Safane(2147484770)
DataArt, a software development company for financial services, healthcare and other industries, has added AIFMD reporting capabilities to its existing Form PF software.

The Form PF solution, which does not have a licensing cost, allows hedge funds to collect, aggregate and validate filing data for the regulatory form. Now, the software has added reporting features for AIFMD compliance, including the ability to source past filing in order to facilitate data compilation. The software also provides European Securities Markets Authority (ESMA) guidelines for filing, and it allows for report sharing and data validation for both AIFMD and Form PF.

“With this new free software release, we are continuing on our mission to provide effective solutions for buy-side firms to overcome regulatory requirements and alleviate the cost of compliance solutions,” says Alexey Utkin, financial services practice leader at DataArt UK. “This new software update manages the global AIFMD reporting requirements and offers flexibility to build an automated solution that will tackle data reporting correlation across the entire organization. We look forward to continuing to ease the compliance burden for global investment fund managers with our new updates and free software.”

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