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

GlobeOp Launches Form PF Reporting Service for Hedge Funds Ahead of SEC Deadline

Subscribe to our newsletter

With the first SEC deadline for private fund (Form PF) reporting currently less than six months away for many large hedge funds and managed account platforms, GlobeOp Financial Services has launched a reporting service to specifically support the requirements.

“Many funds with more than $1 billion in assets under management (AuM) potentially face their first quarterly reporting deadline on 15th January, 2012,” said Tony Glickman, global head of Analytics at GlobeOp. “The complex reporting forms are compounded by the fact that larger funds and managed account platforms often involve complicated portfolio, risk and performance data. For example, we’ve determined that one report element requires 449 data points across 14 categories. As our clients’ administrator and a key financial services partner, we are uniquely positioned and operationally geared to help. We already supply much of this data in daily, weekly or monthly reports to fund managers and investors. By efficiently gathering data and drafting reports for client review and submission, we can help them meet regulatory obligations, save time and reduce investment in internal resources.”

Glickman noted that the specific portfolio data required depends on fund type and size, and typically includes a combination of fund manager, fund and investor information. It can also include asset and/or derivatives exposures, financing transactions, collateral arrangements, counterparty exposures and indications of liquidity. Data will be required both on a fund-by-fund basis as well as on an aggregated investment manager-wide basis. In many cases, funds will need to provide risk data such as sensitivities, value-at-risk (VAR) and scenario analysis.

GlobeOp’s support will begin once fund clients determine their Form PF obligations, based on SEC registration, US beneficial ownership and management of a hedge, liquidity or private equity fund. Fund management companies retain ownership of fund data and SEC filing responsibility. GlobeOp will minimise the operational burden by leveraging existing, integrated fund data infrastructures – including the general ledger, risk and pricing engines.

Pending finalisation with the SEC the service will be electronic. GlobeOp will gather data and produce Form PF reports for clients to review, authorise and submit. As all funds must be included in a single report, GlobeOp will also offer to aggregate data from client sources or other administrators.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: In data we trust – How to ensure high quality data to power AI

Artificial intelligence is increasingly powering financial institutions’ processes and workflows, encompassing all parts of the enterprise from front-office to the back-office. As organisations seek to gain a competitive edge, they are trialling the technology in variety of ways to streamline and empower multiple use cases. Some are further than others along the path to achieving...

BLOG

SmartStream Chief Jaffer Sees Rapid Change in Year at Helm

Just over a year into his tenure as chief executive of financial data automation provider SmartStream, Akber Jaffer finds himself surveying a data industry that’s changed enormously over his short time at the UK-based company. Chat GPT was a year old when he took on his new role and the artificial intelligence (AI) technology’s revolutionary...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...