Subscribe to our newsletter

Stay up to date with acarda RegTech News

  • *Please complete all fields marked with an asterisk.
  • *
  • *

acarda Platform Demo

acarda platform

See the acarda Platform in action

We can demonstrate what the acarda platform can do using real-life scenarios in your company. If you are interested in this, let us know using this email for If you are interested in this, let us know using this email form:

  • *Please complete all fields marked with an asterisk.
  • *
  • *
  • *
 
 

Compliance reporting

AIFMD / Annex IV

SERVICES
COMPLIANCE REPORTING
CUSTOMER REPORTS
ACARDA PLATFORM

The Alternative Investment Fund Manager Directive (AIFMD) is an EU directive that regulates the management of alternative investment funds. The reporting obligations laid out in Annex IV apply both to EU and non-EU alternative investment funds.

The regulation defines “alternative” investment funds as those that are not already subject to the UCITS Directive. These include hedge funds, private equity funds, real estate funds and all investment funds for institutional investors. The Directive also defines new requirements for companies that act as depositories for alternative investment funds.

what this means for your reporting

The scope of the AIFMD is broad and encompasses both the management, administration and marketing of alternative investment funds. The Directive requires the stock of all portfolios to be reported in detail. In addition, it is necessary to show the portfolios, risk indicators and other fund details for each individual AIF.

The reports must be submitted to the national supervisory authority of the country in which the fund is registered on an annual, biannual or quarterly basis. Since almost every regulatory authority uses its own platform for electronic data transmission, fund management can be subject to very high additional costs.

Asset managers and management companies in the UK are required to send their AIFMD reports to every country in which their funds are sold. Because of Brexit, European regulators no longer carry out this task for them.

our solution: acarda AIFMD

Our solution, the platform, can perform all components of your AIFMD reporting obligations:

comprehensive advice

  • clarification of relevant reporting fields, data and data sources
  • Feedback on data supply using data templates and interfaces
  • feedback and error management for submitted reports

data management

  • adapter for fund administrators and other data providers
  • Data management and report generation are highly automated in order to reduce your costs in the long term
  • the whole workflow is documented, from data preparation and report creation to submission to supervisory authorities
  • information pool for master data, inventories, transactions and historicisation
  • test routines for data quality and deadline monitoring of reporting dates

monitoring using a web-based dashboard: by the customer or as a managed service

  • monitoring of processes and of internal and external data sources (audit trail)
  • highest level of transparency: permanent access to the current reporting status, including error feedback in the process
  • Comparison of current and past reports, incl. history
  • access to authorities’ feedback

report generation and validation

  • Classification of inventories and transactions, e.g. according to asset class or geographical region
  • aggregation of funds on the AIFM level
  • optional calculation of the leverage values ​​and the AUM per investment
  • creation of reports in line with the AIFMD
  • various report formats: PDF, XLS and XML
  • client approval of reports before submission

automated submission

  • Submission via the relevant portals in the format required
  • Automated submission integrated into the dashboard, provided this is possible from the side of the authorities
  • feedback and corrections provided if mistakes have been identified from the side of the authorities
  • Data archived for three to five years

what’s special about the acarda solution

  • Using a single integrated platform for data management, to calculate risks and costs and to create and distribute reports increases the efficiency of all processes.
  • The modular acarda system can be used immediately. It is hosted in our certified Luxembourg datacentre and, thanks to its browser-based user interface and underlying Oracle database, no additional IT infrastructure is required.
  • Throughout the reporting process you will have access to extensive support and consulting services.
  • Rapid implementation and a comprehensive support service ensure all regulatory and client-specific requirements are met.
  • Highly automated data management and report creation reduce the time and money you have to invest.
  • The web-based acarda dashboard guarantees full transparency over the entire reporting process.
  • By choosing our optional Business Service you could outsource the entire process to acarda.
  • Service Level Agreement: How our Software as a Service works can be configured according to your needs. You pay only for the service you use and on the basis of a contractual agreement.
More about the acarda Platform
Contact us

Clients who trust us

[logo_carousel_pro id="3050"]

acarda GmbH

Eschersheimer Landstr. 14
60322 Frankfurt am Main
Germany

acarda Luxembourg

56 Route de Trèves
2633 Senningerberg
Luxembourg

acarda London

c/o LPA
7 Westferry Circus
Canary Wharf
London E14 4HD
United Kingdom

Frankfurt

Luxembourg

London

Email

Our Newsletter

© 2021 acarda GmbH | Alle Rechte vorbehalten | All rights reserved
text