Friday, 25 July 2014
Last updated 5 hours ago
Jul 18 2013 | 5:58am ET
New York-based NorthPoint Financial, which specializes in software solutions and services for hedge funds and other asset managers, has unveiled a new regulatory and investor reporting system.
The aptly-named NorthPoint Regulatory and Investor Reporting System aims to help buy-side firms comply with reporting mandates set forth by Dodd-Frank and EU Commission regulations.
NorthPoint Financial provides support for Form PF and AIFMD. In addition, reporting for the OPERA initiative is slated as an upcoming enhancement to the platform. NorthPoint Financial’s single platform solution offers a scalable approach for additional regulatory and reporting requirements on the horizon.
“Today’s buy-side firms require a robust platform to ensure compliance – one that is more than just a simple data repository with a few hastily designed views into that data,” said Joseph Amarante, managing partner NorthPoint Financial. “They require a platform that manages the lifecycle of reporting data to ensure operational efficiency and consistency expected by today’s regulators and investors. Our platform has been designed with this in mind.”
Some select features of the NorthPoint Regulatory and Investor Reporting System include: one application to centrally prepare and manage all filings; an enterprise approach to data load, integration and management; and client customizable business logic for calculations per filing type.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…