Over 170 Investment Managers file AIFMD Annex IV in 10 EU Countries Supported by Leading Platform

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Advise Technologies Europe announced successful filings by over 170 Investment Managers of AIFMD Annex IV reports in ten jurisdictions using the company's software platform Consensus RMS.

February 4th 2015. UK, Ireland, Finland, Sweden, France, Luxembourg, Belgium, Malta, Denmark, Netherlands

Today the leader in global regulatory and investor reporting solutions, Advise Technologies announced successful filings by over 170 Investment Managers of AIFMD “Annex IV” reports in ten jurisdictions using the company's award-winning software platform Consensus RMS ©

Firms ranging in size and complexity met the end-January deadline for their 2014 filings by accessing the platform either directly (locally administered or in the cloud) or via their fund administrators. Consensus integrates with third-party systems, performs calculations on extracted data, validates filing data according to strict technical and regulatory guidelines, and produces regulator-ready filing output. Users are able to generate filings in accordance with the individual specifications of each country's National Competent Authority (NCA) while applying their own interpretations, workflows, approval processes and audit standards – all of which are supported by the software.

From Advise’s European headquarters in Dublin, General Manager Tom Cahill reflected “as we have done with Form PF since 2012, once again we have ensured that our customers file on-time, with insight of best practices, while availing of the best service and technology. AIFMD Annex IV is a new endeavour in regulatory reporting for investment managers, for national regulators and for service providers. Advise has supported all three groups with a single platform and a comprehensive offering. The company is well-positioned to continue to lead in Europe during 2015. In the coming months we intend to announce the results of continued investment in our innovation, launch of new products and growth of operations.”

The platform is also capable of completing electronic submission and verification of successful filings to each regulator (e-filing). While many regulators have not yet rolled out an e-filing service, fund managers voiced their satisfaction at the success and ease with which they fulfilled their reporting obligations with the added certainty of an audited and electronically-verified receipt of filings from a number of more advanced NCA systems.

While in general filings were completed smoothly, Jeanette Turner, General Counsel and leader of the Advise Regulatory Best Practices team noted a number of last-minute questions in particular arising from confusion arising from differing requirements between countries, interpretations, stress testing and deadline specifics. “Having been through this with Form PF, we were prepared for the questions as they flooded in. While every question imaginable was raised, we made full use of our network and knowledge base to provide representative, comprehensive responses to our clients.”

Advise is the largest provider of Form PF, ADV, CPO-PQR and TIC reporting software and services in the US and Consensus RMS © is the platform chosen by six of the top 10 hedge funds, 76% of the top 200 hedge funds and private equity by AUM and 11 of the top 15 fund administrators by AUA. For more details, visit http://www.advisetechnologies.com

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Tom Cahill
Advise Technologies Europe
+353 864684533
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Doug Schwenk
Advise Technologies Europe
353864684533
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