Northern Trust has improved its investment statement reporting solutions for Dutch pension schemes.

The enhancements are aimed at helping local pension funds meet the new Financieel ToetsingsKader (FTK) regulations as set out by the Dutch National Bank.

The rules require funds to show they have a transparent approach to managing their assets and liabilities in order to ascertain sensitivity to market shocks.

Dutch pension schemes that are increasingly focusing on liability-driven investments and alternatives face a number of challenges under the new regulations.

“By using a consistent suite of cash flow modelling assumptions and performance calculations, Northern Trust can deliver timely data and reporting to our clients, helping them meet their regulatory requirements,” said Frans Hofkens, Institutional Investor Group, Northern Trust in The Netherlands.

The firm’s solution includes quarterly and annual statements as well as cash flows and prescribed shock tests at the asset level to provide exposure reporting.

“We understand Dutch pension funds have unique regulatory challenges and by leveraging expertise from across our investment risk and analytics team, we can offer a fully integrated performance, risk and regulatory reporting suite of capabilities tailored to their specific requirements,” said Simon Willcox, global head of performance product management at Northern Trust.