Luxembourg-based fund firm KNEIP is to launch a digital service platform to the London market.
The new digital platform’s capabilities include document management, which KNEIP said will allow for better efficiency of reporting and will reduce costs.
The platform can process data using machine learning and artificial intelligence tools, to make it fit for regulatory, distribution or marketing, communicating the results effectively to end users.
The new single layered platform manages the entire fund lifecycle from end to end.
According to KNEIP, the launch will allow more transparency as well as greater efficiency in the funds industry.
Neil Ward, CEO of KNEIP, said: “KNEIP’s digitally driven platform is putting asset managers back in control of their data.”
He added: “The single-layered platform enables them to manage the entire fund lifecycle from start to finish. The platform will lead to the digitalisation of investor data and in turn benefit investors.”
Bob Kneip, founder and chairman of KNEIP, commented: “KNEIP has been assisting our client for 25 years. With every development since the company’s inception, we have sought to transform the financial services industry. Our revolutionary new platform does just this, cutting costs and complexity for our clients.”
