About a-team Marketing Services

A-Team Insight Blogs

SEC N-PORT Deadline Compliance Met with RegTech

Subscribe to our newsletter

Confluence has announced that those of its clients with a May 30, 2019 Form N-PORT filing requirement have completed their filings with the US Securities and Exchange Commission (SEC). Confluence’s clients represent fund administrators and asset managers servicing more than 75% of funds filing Form N-PORT. They have met their Form N-PORT requirements using Unity NXT Regulatory Reporting.

The Unity NXT Regulatory Reporting solution was designed by Confluence to ease the data management challenges and automate the filing processes for complex global regulatory reporting obligations, including the SEC’s Form N-PORT and Form N-CEN. For Form N-PORT, Confluence worked closely with its clients to map source data to the form and successfully conduct test filings across its client base to prepare for this first filing. Confluence systems load more than 25 million data records per month, representing over 4,000 unique source file types for the over 9,000 funds using their solution for Form N-PORT.

In February, the SEC changed the way firms have to file the N-PORT form to reduce cybersecurity risk for the regulator. The new filing requirements shrink the amount of non-public information the regulator has to hold. Previously, firms had to file monthly – now they file within 60 days of the end of the quarter for the whole quarter.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: How to develop a reporting framework for ESG disclosure regulation

Date: 10 October 2023 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes ESG reporting is a challenge and additional burden for many financial institutions as regulations continue to evolve, ESG data management is complex, and global standards remain elusive. Helpful solutions include reporting frameworks that support the collection, understanding, and management...

BLOG

A-Team Partners The Times on Regulatory Compliance Special Report

A-Team Group is thrilled to be partnering with The Times newspaper on its special report covering Regulatory Compliance. Be sure to pick up your copy this Wednesday 12 July from any good newsstand in the UK. Among the topics the special report explores are the state of KYC in 2023, e-communication risk and compliance, ESG...

EVENT

Buy AND Build: The Future of Capital Markets Technology, London

Buy AND Build: The Future of Capital Markets Technology London on September 21st at Marriott Hotel Canary Wharf London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

ESG Handbook 2023

The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...