Northern Trust has enhanced its offering to Fund of Hedge Funds (FoHF) clients worldwide with a new reporting platform, enable them to meet evolving investor reporting and transparency requirements.
The enhancement to the Hedge Fund Monitor reporting product enables clients to: extract the specific elements they need and schedule queries for key data; create customized, user defined reports to assist in meeting regulations such as AIFMD, Form PF; facilitate demands for transparency through an on demand flexible reporting tool; and produce data to better execute on performance return analysis, portfolio management, liquidity or compliance.
“Our clients are faced with new and evolving investor reporting and transparency requirements and as a result they need to be in a position to access reports and data requests on demand,” said Ian Headon, Northern Trust’s asset servicing product manager for alternative investments. “The enhancements to our Hedge Fund Monitor reporting tool give our clients this capability without them needing to invest management time and effort in formally defining and specifying requirements.”
(JDC)