"Preparation will be a key part of successfully adapting to PRIIPs changes," said Olivia Marc, Business Development Specialist. "When the regulation is finalized, our software will be ready to help asset managers overcome compliance obstacles."
London, Paris, Amsterdam (PRWEB) September 15, 2016
Advise Technologies, an industry leading provider of regulatory intelligence software, has announced a complimentary webinar titled, "Preparing for PRIIPs" on 28 September 2016. The webinar, which includes speakers from Fieldfisher and Synechron, will provide details on the latest updates, a discussion on how asset managers and banks may be affected, and offer information on steps that can be taken now.
The future of the Packaged Retail and Insurance-based Investment Products regulation (PRIIPs) and its impact on asset managers is uncertain after a 14 September 2016 vote by the European Parliament to reject the European Commission's draft regulatory technical standards (RTS) to PRIIPs. The European Commission must now propose revised RTS for implementing PRIIPs, which is currently still set to enter into force in December 2016.
Asset managers seeking to comply with PRIIPs now face a lack of clarity concerning the regulation's requirements less than four months prior to the compliance date. Those seeking assistance in understanding the latest PRIIPs developments can turn to vendors and firms like Advise Technologies, who have been creating solutions for developing regulatory issues since 2010.
The Best Practices team at Advise Technologies is closely monitoring all changes to PRIIPs and will discuss the nuances of the new regulation during the webinar. An interactive Q&A session of the webinar will also provide an opportunity for attendees to understand how other firms in the industry are preparing. Those interested in the webinar can register by going to http://bit.ly/PRIIPs_Webinar or email events(at)advisetechnologies(dot)com for more information.
Advise Technologies currently offers a PRIIPs reporting solution, which will be continuously updated as regulatory changes are released, through its Consensus RMS platform.
"Preparation will be a key part of successfully adapting to PRIIPs changes," said Olivia Marc, Business Development Specialist for Advise Technologies. "When the regulation is finalized, our software will be ready to help asset managers overcome compliance obstacles."
About Consensus RMS
Consensus Regulatory Management System is an award winning platform used by investment managers for a repeatable, reliable, and automated filing process. Our experience with firms of all sizes and our expertise with various reporting obligations ensures that clients have access to a deep and diverse knowledge base. Consensus RMS includes filing capabilities for regulatory forms including AIFMD, CPO-PQR, Form PF, Open Protocol, Solvency II, 13F, and TIC.
About Advise Technologies
Advise Technologies is a premier provider of reporting and compliance software for investment managers. With four flagship products – Consensus, Vault, Notes, and Signal – it provides innovative solutions to the regulatory and operational challenges faced by clients. Advise was founded in 2010 and is headquartered in New York with offices in major European financial centers. For more information: http://www.AdviseTechnologies.com