ConceptONE has completed its integration of Asset Control, a financial solutions provider, in order to enhance its OPERA reporting service and its regulatory reporting solutions.
ConceptONE’s regulatory reporting services aggregate and standardize reporting across multiple securities, funds, strategies and administrators, as well as assisting with more complex reports like Form PF. The integration of Asset Control’s security master software is hoped to stabilize definitions needed to provide consistent and accurate filings.
“Investment managers are facing reams of regulations requiring sophisticated reporting capabilities starting with Form PF,” said John Mitchell, vice president of global sales, Asset Control.
Dan Connell, president at ConceptONE added: “The OPERA standards and other newly introduced regulatory reporting requirements is creating major reporting challenges for private advisors.”
