Specialists In XBRL And Regulatory Reporting Solutions
For Investment Firms, Fund Managers, Fund Administrators, Financial Institutions, Insurance Companies and Listed Companies
12 Regulations. 16 years. 26 countries. 19,900 clients. 200,000 reports.
Specialists In XBRL And Regulatory Reporting Solutions
For Investment Firms, Fund Managers, Fund Administrators, Financial Institutions, Insurance Companies and Listed Companies

12 Regulations. 16 years. 26 countries. 19,900 clients. 200,000 reports.
16
Years
26
Countries
19,900
Clients
200,000
Reports

DATATRACKS



Understanding the AIFMD Mandate

To increase scrutiny of AIFMs, the supervisory authority, ESMA, has come up with a new compliance model and framework for investment fund managers. The Alternative Investment Fund Managers Directive (AIFMD) of the ESMA (European Securities and Markets Authority) is a regulatory framework that aims to enhance the supervision of alternative investment fund managers (AIFMs). Under this directive, the essential requirements include the authorisation of the fund manager and control over the delegation of tasks, such as separating portfolios and risk management.

When the AIFMD Reports be filed?

AIFMD reports must be filed quarterly, half-yearly or annually, depending on the value of Assets under Management.

AIFMD Solutions

AIFMD solutions ease the compliance burden of AIFMs and ensure that all aspects of the AIFMD reporting regime are met. By harnessing effective regulatory expertise from professionals who are well-versed with the ESMA directive, AIFMD solutions aim to build the most appropriate fund structure.

Choosing the Right AIFMD Solution

Even the most seasoned fund managers find the AIFMD reporting regime cumbersome and challenging. It requires data collection from multiple sources and complex calculations, taking into account the data elements, etc. This calls for a robust solution that addresses these challenges.


Considerations for a Robust AIFMD Solution


  • Multiple source integration
  • Output as per the relevant schema for reporting to multiple jurisdictions
  • Zero maintenance hassle
  • Comprehensive validation with an ability to track back to template
  • Automatic update of new ESMA requirements
  • Prompt customer support

Challenges Faced by Fund Managers or Fund Administrators in AIFMD Reporting

Data Collation from Multiple Sources

Collecting and integrating data from several entities, including central administrators, portfolio managers and management companies, is cumbersome, considering the massive volumes of data that need to be collated.

Compliance with NCA is Tedious

The AIFMs are also required to comply with the required reporting format of the respective NCAs (National Competent Authorities), to which they must report, complying with over 300 points laid down by the supervisory authority, the ESMA – which puts an additional workload on alternate fund managers and fund institutions.

Review and Validation of Complicated Calculations

AIFMs are required to review and validate regulatory calculations according to the ESMA and NCA classifications – a difficult task considering the complex nature of the calculations.

How DataTracks can help?


Quality and Accuracy at its Best

From workflow, to validation, to control functionalities, DataTracks manages the generation and calculation required by the directive, in accordance with new requirements, in the required format, and ON TIME.

Stay Compliant with Changing ESMA and NCA Requirements

The agile and adaptable solution offered by DataTracks ensures that the software responds to the regulatory changes quickly, making sure that you are always compliant and that you meet the submission deadlines of both the ESMA and the NCA.

Tailored According to Your Needs

The AIFMD solutions provided by DataTracks are tailored according to the number of funds and the frequency of filing of each AIFM, which helps to overcome the challenges of AIFMD reporting.

Laying the Reporting Foundation

By implementing accurate AIFMD reporting structures, DataTracks lays a solid foundation for the compliance of AIFMs with the reporting recommendations of this directive. Not just that, but the built-in validation engine offered by DataTracks also enables AIFMs to achieve data consistency.

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