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

MIK Releases Enhanced SEC Master

Subscribe to our newsletter

MIK Fund Solutions, a leading provider of software solutions for hedge funds, today announced the release of a comprehensive and integrated security master solution for hedge funds and asset managers. The offering is designed as an integrated application for the tracking, reporting and processing of all security master terms and conditions and reporting attributes across an entire firm. The functionality is typically delivered with MIK’s core data warehouse, but now can also be implemented as a stand-alone application.

As hedge funds and asset managers experience heightened regulatory requirements, particularly having to support Dodd Frank guidelines such as SEC Form PF, traditional security master systems that support only operational requirements are no longer acceptable or sufficient as an enterprise solution.

We believe that data management has come to encompasses much more than just security reference data, pricing, or creating the concept of a golden copy of information. Firms now need a comprehensive view of their securities that includes among other data issuers, industry codes, risk attributes, liquidity, system ids, benchmarks, pricing, FX rates, security specific reporting attributes, and user defined tags. MIK’s enhanced security master delivers all of these data categories, which are not available elsewhere, as well as makes them aligned and accessible to operational personnel and management.

MIK’s centralized reference data repository creates a company-wide standard for a firm’s security specific data and provides powerful decision support and historical views to support audit, compliance, and firm valuation policy requirements.

Said Marshall Saffer, Chief Operating Office of MIKFS: “Today’s environment has multiple levels of data requirements that the standard suite of security master products currently available in the industry does not provide. Flexibility and scope of reporting attributes are required to address today’s complex, multidimensional set of business needs. The ultimate solution has to be able to provide information for tax, compliance, risk, increasingly complex investor reporting and the firms’ investment thesis. MIK is committed to providing the industry with these capabilities designed to meet our clients’ needs in a rapidly changing environment.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Are you making the most of the business-critical structured data stored in your mainframes?

Fewer than 30% of companies think that they can fully tap into their mainframe data even though complete, accurate and real-time data is key to business decision-making, compliance, modernisation and innovation. For many in financial markets, integrating data across the enterprise and making it available and actionable to everyone who needs it is extremely difficult....

BLOG

Why Implementing Digital Regulatory Reporting is Vital for Compliance

The regulatory burden is increasing year on year and with the mounting threat of fines, financial firms must ensure compliance. Leo Labeis, CEO of REGnosys, explores how firms can implement digital regulatory reporting properly to help and ensure future competitiveness. Financial Institutions face mounting pressure to stay compliant with significant regulatory rewrites across Europe, Japan,...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...