acarda, RegTech specialist for regulatory reporting and data management solutions for asset managers, fund administrators and insurance companies cooperates with the LPA Group, one of the world’s leading developers and consultants for technology-based capital market solutions (CapTech), from April 2020.
In the first step of the cooperation, the LPA Group is providing acarda with international market access through its eleven international locations. The LPA Group has over 300 of the world’s largest banks as its customers and supports them with CapTech solutions and consulting services to transform their capital market business. Thanks to cooperation with acarda, LPA customers can now also cover their data and reporting activities in asset management or insurance from a single source.
Here, the key aspect was acarda´s central data management and reporting platform arep, which meets all security and business continuity requirements.The intention is to provide an automated and integrated system for the processing of regulatory reportings such as Solvency II Reporting, CRR, AIFMD or PRIIPs and MiFID II. The cloud-based platform will also give LPA customers more flexibility in terms of scalability and transparency through browser- or sFTP-based access to the reports.
Stefan Lucht, co-founder and Managing Partner at LPA says “Working with acarda, we are now able to offer integrated reporting solutions to our customers, and also reach new customer groups in the form of asset managers and insurance companies.“ Gerhard Jovy, Managing Director of acarda GmbH, is looking forward to the cooperation “We are proud of the level of trust that the LPA Group places in us as a partner for regulatory reporting.”