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: Unlocking Transparency in Private Markets: Data-Driven Strategies in Asset Management

As asset managers continue to increase their allocations in private assets, the demand for greater transparency, risk oversight, and operational efficiency is growing rapidly. Managing private markets data presents its own set of unique challenges due to a lack of transparency, disparate sources and lack of standardization. Without reliable access, your firm may face inefficiencies,...

BLOG

Data Automator Xceptor Offers Platform Ready-Made for AI

Dan Reid is not surprised that Xceptor, the data automation giant he formed two decades ago, finds itself at the vanguard of a change in the way financial institutions regard and use documents. The rapid and accurate parsing of information from paper- and PDF-based reports has been made possible thanks to recent developments in artificial intelligence. The volume...

EVENT

TEST Event page 2

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and 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

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...