WAY FUND MANAGERS subscribes to OTCFin-Morningstar’s PRIIP KIDs and EPTs service

WAY FUND MANAGERS subscribes to OTCFin-Morningstar’s PRIIP KIDs and EPTs service
30.12.2017 11:27 am

WAY FUND MANAGERS subscribes to OTCFin-Morningstar’s PRIIP KIDs and EPTs service

Asset Management , Risk Management

Way Fund Managers, a British Asset Manager dedicated to the operation of collective investment schemes, has selected OTCFin, a financial technology firm specialized in Investment, Risk, and Regulatory Data Management and Reporting, to assist them with their implementation of the PRIIPS regulation. OTCFin will work in partnership with Morningstar to provide a fully integrated PRIIPS KIDs anEPT solution to WAY FUND MANAGERS that includes both the PRIIPS calculations and the printing of the factsheets.

OTCFin will focus on:

• Sourcing and monitoring all necessary fund data such as historical returns recommended holding period and costs information, either directly from the clients, their external fund managers and/or their market data providers.
• Perform the SRI, performance scenario and cost calculations that support all fund categories.
• Produce the calculated outputs in Template format for distribution to Insurance producers.
• Integrate all calculations with Morningstar’s Document Production system to produce the KIDs.

OTCFin’s PRIIPS solution is already fully integrated with Morningstar’s Document Management System and Way Fund Managers will be able to receive both the calculated data and the final
factsheets for all their funds. In addition, Way Fund Managers’s risk and portfolio management teams will have a comprehensive and systematic view of their assets to perform their risk and performance analyses as well as meet PRIIPS Kids regulatory requirements.

OTCFin and Morningstar were selected by Way Fund Managers following a rigorous process and a Proof of Concept phase, which allowed OTCFin to demonstrate its strength and expertise in
transparency, computations and PRIIPS service offering.

Ee Wah Lim, Managing Director of OTCFin, notes: “We are extremely pleased to work with Morningstar to provide Way Fund Manager our PRIIPS solution and data management expertise and expect to on-board them promptly to start producing factsheets way before the PRIIPS implementation deadline

Related News

Crypto Ratings Council nudging regulators to step up

The recent announcement of the formation of a Crypto Rating Council (CRC) has been met with mixed feelings and confusion. Branded as a joint commitment “to responsible growth... Read more »

Broadridge Adds Sisense Analytics to Buy-side Revenue and Expense Management Capabilities

 Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and ... Read more »

Cashflow Driven Investment becomes a reality as allocation doubles over 18 months, says RiskFirst

The average allocation to CDI eligible assets, such as infrastructure, private and multi-asset credit, has more than doubled since the beginning of 2018, concludes the... Read more »

Blockchain Hires Former Blackrock, Goldman Sachs Exec to Drive Legal and Operational Excellence

Blockchain, the leading provider of cryptocurrency products including the world’s most popular crypto wallet, has hired former Blackrock (NYSE:BLK) and Goldman Sachs (NYSE:GS)... Read more »

Royal London Asset Management selects TradingScreen to drive returns for investors

TradingScreen (TS), the multi-asset order and execution management system (OEMS), today announces it has been selected by the U.K. investment management firm, Royal London... Read more »

Objectway signs with vdk bank to enhance their advisory and portfolio management capabilities

Objectway, a leader in the Digital Wealth, Investment & Asset Management sector, and vdk bank announced today that they agreed to implement two components of Objectway’s... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel