About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

BNP Paribas Securities Services Offers Asset Managers Ucits IV KID–compliant Reporting Packs

Subscribe to our newsletter

BNP Paribas Securities Services (BP2S) will now offer Ucits IV KID-compliant reporting packs, as part of its ongoing commitment to assist asset managers in tackling the complex regulatory landscape.

Under Ucits IV, an asset management company must produce a two-page ‘key investor information document (KID)’ in a non-technical style. It must be comprehensible and allow the investor to make comparisons. This is a mandatory measure under the new directive on undertakings for collective investment in transferable securities, Ucits IV. The KID will have an immediate impact on the asset management community as it will represent additional workload for asset managers who will be required to replace the simplified prospectus.

BP2S will provide clients with the ideal tools to meet these KID requirements. The BP2S offer is built around the collection of mandatory data, production and distribution of the KID. It is modular and flexible – allowing asset managers to adhere to the new rules.

The BP2S reporting packs will include performance and market risk indicators for both simple and complex funds. They will provide quantitative aspects (performance, charges and risk), while the asset manager handles qualitative aspects (description of investment policy and fund objective) by contributing to the production of the KID through BP2S’ online interactive tools.

Mauro Dognini, head of BP2S asset manager practice, says, “By continuously improving our range of services, BP2S aims to provide its asset manager clients with world-class solutions to help them comply with complex regulatory change. The KID-compliant reporting packs fit within the BP2S AlphaSuite solution for asset managers – an offer protects investments, services assets, measures performance and optimises strategy.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Real world data governance – Practical strategies for data ownership

The theories of data governance and ownership are well rehearsed. Essentially, data governance includes rules and processes that make data accurate, compliant and accessible, ensuring the right users can access trusted data as and when they need it. Data ownership assigns responsibility and accountability for a specific dataset to an individual or team that can...

BLOG

SS&C and Regnology Collaborate to Ease Risk and Regulatory Reporting

SS&C Technologies, a provider of financial software and services, has made a strategic partnership with Regnology, a regulatory reporting and data company, to help clients meet upcoming regulatory requirements from the European Banking Authority (EBA). The collaboration is building a joint solution developed by SS&C Algorithmics and Regnology that addresses a wide range of needs...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...