Arcesium Unveils New Regulatory Reporting Solution to Help Investment Managers Achieve Airtight Compliance with Increased Efficiency and Control
NEW YORK – Arcesium, a leading provider of investment lifecycle and data management technology for the global investment industry, today launches its automated Regulatory Reporting solution that will significantly reduce the resources required to manage regulatory compliance. The tool allows investment managers to efficiently remain compliant with evolving global reporting frameworks, using a trusted, single source of data pulled from within their already existing operating model. The new solution launches as an extension to Arcesium’s investment lifecycle management platform, Opterra, and will accurately streamline disclosure processes by automating reports using a firm’s consolidated data on trades, positions, P&Ls and accounts.
By integrating the harmonized, validated investment lifecycle data that is already in use across an investment management firm, Arcesium’s Regulatory Reporting tool enables automated reporting. This allows even the most complex hedge funds and institutional asset managers to save substantial time and resources while ensuring accuracy. As regulators globally demand more frequent and more granular datasets, Arcesium’s Regulatory Reporting tool reduces the risk of compliance errors, replaces demanding manual workloads, and positions hedge funds and asset managers to be able to adapt to future reporting changes with ease.
Neil Visnapuu, VP, Product Owner, Regulatory Reporting, comments: “COOs and compliance leaders are expressing an urgent need to modernize their reporting processes, save time, and reduce costs. This solution empowers them to do precisely that. Policymakers everywhere are demanding increased transparency, speed, and precision. This means that a fully integrated technology stack where regulatory reporting acts as a seamless extension of your already validated data is essential. By auto-populating reports and completing disclosures, such as the SEC’s Form PF, managers can release significant resources currently tied up in gathering data from fragmented sources. This streamlined way of working also empowers them to quickly adapt to any future regulatory demands”.
Arcesium launches its Regulatory Reporting tool as the SEC, the EBA and other key regulators are explicitly calling for firms to undertake more complex reporting and improve data governance to help manage evolving market risks. The Regulatory Reporting solution removes the costly challenges of data management and reporting posed by today’s complex markets – where funds are employing sophisticated new strategies across a wider range of asset classes. Regulatory Reporting enables firms to blend the regulatory reporting process into their existing operating model and technology stack, and draw on the same, trusted information already in use. This brings increased accuracy, control and efficiency to the reporting process.
“As the financial and regulatory landscape grows more complex, investment firms can’t afford the risks of siloed data and manual reporting,” commented Arcesium CEO, Gaurav Suri. “These issues not only carry reputational and financial risks but also limit efficiency. With Opterra already streamlining compliance data, launching our automated Regulatory Reporting solution was a clear next step to help our clients improve operations and support growth”.
Arcesium’s Regulatory Reporting tool is available to users of the Opterra platform. Opterra is an operational platform designed to bring precision to all post-trade workflows across the investment lifecycle – from reporting to accounting to treasury and reconciliation. It is tailored to fit the unique operating environments of hedge funds, asset managers and private market funds.
For more information, visit https://www.arcesium.com/opterra.
About Arcesium:
Arcesium is a global financial technology company delivering pre- and post-investment and enterprise data management solutions to some of the world’s most sophisticated financial institutions, including private market firms, hedge funds, and institutional asset managers. Expertly designed to achieve a synchronized golden source of data throughout a client’s ecosystem, Arcesium’s cloud-native technology is built to systematize the most complex workflows and help clients achieve scale.
Today, Arcesium services over $4.3 trillion in gross AUM and over $550 billion in sell-side capital balances and has modelled over 125 million investments to date. Arcesium was built from a platform developed and tested by investment and technology development firm, the D. E. Shaw group, and launched as a joint venture with Blackstone Alternative Asset Management. J.P. Morgan, another large client, later made a strategic investment in the company, helping Arcesium further its mission: to power the entire investment lifecycle. Arcesium currently has a staff of over 2,000 software engineering, accounting, operations, and treasury professionals.
For more information about Arcesium and its capabilities, visit www.arcesium.com and follow the firm on LinkedIn.
Contacts
Media:
Danielle Meyer, Aspectus Group
Danielle.Meyer@aspectusgroup.com