Comada updates software for AIFMD
Hedge fund software developer Comada has released a new update for its MATware technology for investors in alternative funds.
The update meets the new reporting requirements of regulators, including those included in the AIFM directive, allowing investors and service providers to manage fund transactions without disruption.
“The global regulatory environment for both investors in hedge funds and their custodians has changed enormously in the last few years,” said Dave Shastri, co-founder of Comada.
“Comada has both the suite of regulatory reporting tools we make available to our clients, and the detailed cash management and liquidity data they require to support that reporting.”
The new release fully integrates cash management, combining cash from FX dealing, credit and position exposures into a comprehensive view. It also has enhanced liquidity features to better recognise illiquid assets and asset management reporting to help manage risks that may arise from mismatches in liquidity.
The update meets the new reporting requirements of regulators, including those included in the AIFM directive, allowing investors and service providers to manage fund transactions without disruption.
“The global regulatory environment for both investors in hedge funds and their custodians has changed enormously in the last few years,” said Dave Shastri, co-founder of Comada.
“Comada has
The new release fully integrates cash management, combining cash from FX dealing, credit and position exposures into a comprehensive view. It also has enhanced liquidity features to better recognise illiquid assets and asset management reporting to help manage risks that may arise from mismatches in liquidity.
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