Fund Recs deliver a robust technology solution for EMIR reconciliations for their client, a leading investment manager with their own UCITS ManCo.
In September 2022 Fund Recs hosted a webinar discussing the importance of data quality. The Central Bank of Ireland’s (“CBI”) EMIR and SFTR Supervisory Team took the opportunity to outline their expectations on data quality.
The Securities Financing Transaction Regulation (SFTR) was established by the EU to increase transparency in the securities financing markets. Published in the EU Official Journal on 23 December 2018, SFTR primarily involves transaction reporting to a Trade Repository (TR). Its obligations were designed to take effect on a phased basis over several years.
“We are living in a fee-compressed world with ever-increasing pressure to add funds without increasing headcount. The reason I love Fund Recs is because I’m able to bring on more funds without having to worry about adding to the operations team.” CFO, Global Fund Administrator.
The No Code movement is powering up ‘citizen users’ to get the best out of their industries. Investment Managers can free up time and headcount with no code tools. Read more in our blog post.
Take a closer look at the main requirements of the EMIR Refit, its history, and how it impacts funds and fund managers.
For fund reconciliations there are two ways to make data consistent, the best practice way, and the worst. Here we look at some of the worst examples we’ve seen to complete reconciliations.
Get our Whitepaper "6 steps to Automating your Reconciliation workflow"
We examine the practical steps when switching from a manual to automated Reconciliation Process.
Our clients include:
Floor 41, 2 Grand Central Tower,
140 East 45th Street,
New York, NY, USA.
Cluster, Floor 2, 16/17 Suffolk Street,
Dublin 2, D02 AT85
Ireland.
ArcLabs Research & Innovation Centre,
WIT West Campus, Carriganore,
Waterford, X91 P20H, Ireland.
