London
05 January 2017
Reporter: Stephanie Palmer

Confluence called upon for AIFMD reporting


Royal London Asset Management has appointed Confluence’s Unity NXT solution to help meet reporting requirements under the Alternative Investment Fund Managers Directive (AIFMD).

The Annex IV transparency reporting solution is intended to support Royal London’s growing alternative investment fund business.

It provides data reporting and collection services, assesses reports and transmits files to the regulator, helping alternative investment fund managers to meet their reporting obligations in a cost-effective and efficient manner.

Martyn Gatehouse, senior regulatory and financial accountant at Royal London Asset Management, commented: “We were looking for a solution that would provide us with the control we need and the scalability to grow as we continue to expand our global footprint.”

He said: “Not only has the Confluence software met these needs, their team has provided the expertise to help us navigate the complexity of the data aggregation and filing requirements associated with AIFMD.”

More fund services news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
BNP Paribas completes first fund transaction test using blockchain
11 January 2018 | Paris | Reporter: Jenna Lomax
The test was conducted using BNP Securities Services’s blockchain programme, Fund Link, and FundsDLT, a blockchain-based platform for fund transaction processing
KPMG Switzerland and SIX to bundle tax services
10 January 2018 | Zurich | Reporter: Jenna Lomax
KPMG Switzerland and SIX Securities Services are offering a combined package for tax services
Guernsey’s fund sector reports year-on-year growth
05 January 2018 | St Peter Port | Reporter: Jenna Lomax
Guernsey’s fund business grew by approximately £20 billion over the 12 months to the end Q3 2017
Italian custody win for BNP Paribas
12 December 2017 | Milan | Reporter: Jenna Lomax
BNP Paribas will provide Sara Assicurazioni with global custody services for €1.3 billion in Italian and foreign assets
Fundsquare and i-Hub bring KYC service to funds
12 December 2017 | Luxembourg | Reporter: Becky Butcher
Fundsquare and i-Hub have signed a commercial partnership for the introduction of i-Hub’s know-your-customer (KYC) platform to the funds industry
Lux secures funding for SaaS platform
08 December 2017 | New York | Reporter: Jenna Lomax
Transcend is Lux’s software-as-a-service solution for front-to-back office automation
SIX: Services providers must expand horizons
08 December 2017 | London | Reporter: Stephanie Palmer
Post-trade service providers must focus on providing new services in the future, while also investing in new technologies and personnel, according to research from SIX Securities Services
More fund services news