Virtusa Launches Compliance Software For Alts. Advisors

Apr 23 2013 | 10:04am ET

IT services firm Virtusa Corporation has launched a compliance software suite for alternative investment advisers.

Csalt is a suite of compliance solutions designed and built to assist managers with global regulatory requirements including Form PF, 13F, annual ADV updates, CPO-PQR, OPERA and the AIFM Directive in Europe.

The suite of solutions allows firms to import, translate and manage data from multiple sources for simplified regulatory and investor reporting, including e-filing where available.

“The data that must be captured for Form PF and other reporting isn’t trivial, and it’s putting significant stress on many organizations,” said Erik DiGiacomo of Virtusa. “These regulations don’t simply create a new set of forms to fill out, they require entirely new processes that must be supported by innovative technology and renewed data management rigor.”

Founded in 1996 and headquartered in Massachusetts, Virtusa provides end-to-end information technology services, including IT consulting, application maintenance, development, systems integration and managed services.

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