IT service company Virtusa Corporation’s CSalt solution now integrates with Investor Analytics’ risk platform to streamline and simplify Alternative Investment Fund Managers Directive (AIFMD) Annex IV reporting.
Both companies are committed to easing the burdens of alternative investment advisors and those that support them, and this integration will give alternative investment fund managers a single place to easily import, map and transform data in order to fulfil the requirements of AIFMD and Annex IV.
“Since we first unveiled CSalt in early 2013, we’ve worked closely with advisors and compliance consultants to ensure that the solution meets their exact requirements,” says Erik DiGiacomo, senior vice president, financial services consulting at Virtusa. “We’re pleased to partner with Investor Analytics for AIFMD Annex IV reporting. With the deadline for the European reporting fast approaching, we are not only well poised to help our clients in the alternative investment industry, but also committed to staying ahead of industry changes, and this enhanced version not only does that, but also adds user-friendly features that make it even easier to use.”
The integration of Virtusa’s Compliance Suite for Hedge Funds and Alternative Investments (CSalt) with the Investor Analytics Risk Platform provides alternative investment managers with a one-stop solution to satisfy AIFMD Annex IV prescriptive risk requirements.
Annex IV Reporting requires all alternative investment fund managers to report specific risk analytics, including value at risk, stress testing, liquidity stress testing, DV01 and credit spread sensitivity.
In addition to Form PF and CPO-PQR, the enhanced suite offers a solution for AIFMD Annex IV Reporting and adds a new chief compliance officer (CCO) task management tool including checklist, calendar, document management, work-flow and e-mail notification features.
“Investor Analytics is excited to partner with Virtusa to offer best of breed regulatory data management and reporting services complete with all of the risk calculations required by AIFMD,” says Damian Handzy, chief executive officer of Investor Analytics.