Compliance reporting

CTI, ICT, DCPT (UK)

Since 2018, investment management firms in the UK are required by the Financial Conduct Authority to publish cost and charges data.

In this context the UK Investment Association and the Association of British Insurers created the Defined Contribution Pension Template (DCPT).

The DCPT is used to provide UK pension scheme managers with cost and portfolio related information. In parallel the independent Cost Transparency Initiative (CTI) was introduced.

This initiative provides institutional investors with standardised reporting templates (CTI, ICT).

what this means for your reporting

The use of DCPT and CTI/ICT templates is currently voluntary. However a binding directive is being discussed by the FCA. Firms managing or selling investments in the UK will not be able to avoid the use of these templates for long.

Regularly publishing data under the DCPT and CTI standards brings additional challenges around data management, transaction cost calculations and reporting. It would be ideal if companies could leverage their existing reporting infrastructures.

our solution: arep CTI / ICT / DCPT

The arep solution and our managed services automate the end-to-end process for DCPT and CTI reporting and so minimise your efforts.

flexible data management

raw data flexibly sourced from administrators, internal systems and look-through platforms
market data (arrival prices) sourced from providers such as Refinitiv and IHS Markit and a waterfall principle applied
validation of your data using a multi-layered verification procedure
continuous monitoring of all processes via the arep dashboard
ongoing monitoring of results with an alert function that lets you know when action is required

complete risk, performance & cost calculation

integrated transaction cost calculations

correct creation of the exchange data

automated creation of DCPT and CTI/ICT templates
user-friendly and clear user interface
flexible design of the user interface and all documents in your corporate design
an agile system that can easily be scaled up or expanded to deal with the ever-changing regulatory landscape

comprehensive distribution functionality

what’s special about the arep solution

arep is the established platform for the efficient automation of virtually all current EU and UK fund reporting templates and formats (PRIIPs EPT, MiFID II EMT, CTI, DCPT, AIFMD, Solvency II etc.).
Using a single integrated platform to manage data, calculate risks and costs and create and distribute DCPT and CTI templates increases the efficiency of all processes.
The modular arep 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.
Rapid implementation and a comprehensive support service ensure all regulatory and client-specific requirements are met on time.
Highly automated data management and report creation reduce the time and money you have to invest.
The web-based arep dashboard guarantees full transparency over the entire reporting process.
Throughout the reporting process you will have access to extensive support and consulting services.
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.