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

SIX Financial Information Adds AIFMD Data Service to Regulatory Solutions

Subscribe to our newsletter

SIX Financial Information has added a data service that supports compliance with the Alternative Investment Fund Management Directive (AIFMD) to its regulatory solutions and is preparing further services for forthcoming regulations.

The company’s AIFMD service includes the data needed by alternative investment fund managers to register themselves and their managed funds as required by the directive, as well as the financial instruments data and classifications needed to report to local regulators on a quarterly, semi-annual or annual basis depending on the value of assets under management. Easing the problem of AIFMD being implemented and specified in different ways by regulators in different countries, SIX captures data in all formats and maps it to its own format before distributing it as part of the data service.

Heiko Stuber, senior product manager, reference data at SIX, explains that the service also includes data on registered alternative investment funds and their managers, which is obtained from the European Securities and Markets Authority and local supervisory authorities. This allows financial advisors to see which alternative investment fund managers are permitted to market their funds within the European Union. The service is available immediately and is delivered on a global basis via SIX’s VDF reference data feed.

Phillip Lynch, head of markets, products and strategy at SIX, comments: “The compliance effort for AIFMD is not to be underestimated and, given our expertise in regulatory reference data, we aim to support the fund sector in growing its business and marketing its funds in a compliant way.”

Looking forward, Jacob Gertel, senior project manager, legal & compliance data at SIX, says the company is working on a data service for MiFID II and has a solution in place for Solvency II. It also has Basel III on its radar.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to organise, integrate and structure data for successful AI

Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are limited only by the imaginations of individual organisations. What they all require to achieve...

BLOG

The Data Backbone of Defence: Powering Next Generation Surveillance

A unified data fabric is fast becoming wholesale finance’s front line of defence. By fusing millions of voice calls, chat messages and trade records into a single analytical view, next generation surveillance promises to detect misconduct in minutes and to satisfy regulators who increasingly ask firms to prove that capability. A-Team Group RegTech Summits in...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

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...