The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

MoneyMate Rebrands Fund ProductMaster Platform as Accudelta and Extends Capabilities

MoneyMate Group has rebranded its Fund ProductMaster managed data service to Accudelta, creating a separate business line for the service that will sit alongside the group’s utility for secure data sharing, Silverfinch, and its market data vendor, Longboat Analytics. The rebrand coincides with improvements to the data distribution platform, including the addition of support for regulatory reporting and a revised pricing model to lower the cost of entry.

The Accudelta platform allows asset managers to aggregate and validate fund data in a central store to support distribution and regulatory reporting. It also provides a workflow and framework for data governance and stewardship. Among the initial regulations supported by the platform are Solvency II and VAG and GroMiKV, German regulations with similar requirements to Solvency II. Going forward, Accudelta plans to build out reporting formats required for compliance with other regulations. The revised pricing model replaces licenses for each module of the platform with access to all the modules and pricing based on the number of data sources provided by Accudelta.

Conor Smyth, Accudelta managing director, says: “We have rebranded the platform to better reflect the increasing need for both accuracy and efficiency in data reporting, and to mark the enhanced customer experience. Asset managers want to take a strategic approach to distribution and regulatory reporting, which they can do using Accudelta’s central data store.”

The release of the Accudelta managed data service allows existing and new customers to access the platform’s regulatory reporting services, and offers everything from a technical helpdesk to fully outsourced data stewardship. With asset management customers across Europe and the US, Smyth says customers signing up to use the service in Europe often have a regulatory focus, while conversations in the US are more likely to be about data distribution, quality and governance.

Related content

WEBINAR

Upcoming Webinar: Managing unstructured data to ensure regulatory compliance and add value

Date: 2 November 2021 Time: 11:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes As unstructured data floods into capital markets in the wake of traditional structured data, firms must manage both data types and ensure ease of access to extract data required for regulatory compliance efficiently and effectively. Beyond compliance, firms can...

BLOG

ESMA Report Calls for Improvement in EMIR Data Quality, Monitoring of SFTR Data

The European Securities and Markets Authority (ESMA) has published a report on European Markets Infrastructure Regulation (EMIR) and Securitised Financing Transactions Regulation (SFTR) data quality – and it’s not all good news. While progress has been made, more effort is needed by national competent authorities (NCAs) and ESMA to further improve EMIR data quality. The...

EVENT

RegTech Summit London

Now in its 6th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...