SS&C Completes Annex IV Filings for 50 Fund Managers

S&C Technologies has completed Annex IV filings for more than 50 alternative investment fund managers (AIFM), and in excess of 300 alternative funds.

Annex IV is the main reporting element of the Alternative Investment Fund Management Directive (AIFMD), and the 31 January 2015 deadline marked the first major filing under AIFMD.

SS&C GlobeOp’s AIFMD, web-based Annex IV reporting service uses web-based workflow technology, to automate the reporting process, and to ensure that data is captured and aggregated in a consistent way. SS&C GlobeOp’s associated portal also oversees user permissions and security.

“Managers should evaluate their ability to produce this complex data internally versus the capabilities of proven regulatory reporting service providers,” says Tom Kirkpatrick, managing director of alternative assets, EMEA.

The report covers a wide range of data, intended to aid regulators in managing systematic risk. Annex IV is essentially the European equivalent of the systemic risk reporting that began in the United States: such as Form PF and CPO-PQR.