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Cordium launches AIFMD reporting solution
24 April 2014
Cordium partners with Indus Valley Partners
Indus Valley Partners
Cordium has partnered with Indus Valley Partners
(IVP) to offer a new solution to help clients meet thestringent
Annex IV reporting requirements of the Alternative
Investment Fund Managers' Directive (AIFM directive).
The reporting solution is designed to enable investment
managers to meet their global regulatory reporting needs from a
purpose-built cloud platform and supports Annex IV reporting
under the AIFM directive, as well as Form PF.
AIFMs that manage or market an AIF into the European Union or
EEA will be obliged to file regular Annex IV reports to the
relevant regulatory authority, an obligation that is effective
following the first full quarter of the
"Complying with global reporting obligations such as Annex IV
and Form PF requires a good deal of planning and preparation,"
said Michel van Leeuwen, CEO of Cordium.
"Furthermore, Annex IV represents a far more onerous level of
reporting than many soon-to-be AIFMs are used to. Automation
will be crucial to minimise the impact on company resources and
"This solution is powered by IVP's Raptor and is already
reporting $375bn regulatory AuM for its clients across the
globe, helping them effectively manage their global regulatory
reporting requirements," said Gurvinder Singh, co-founder and
"Partnering with Cordium allows us to extend our joint
expertise to AIFMs as the first Annex IV reporting deadline
approaches. We understand the regulatory scrutiny the industry
is facing and will continue to expand Raptor as the global
regulatory landscape evolves for asset managers."