August 07, 2012
--- Reporting capabilities for Form PF were added to the alternatives
product suite of services for J.P. Morgan Worldwide Securities Services. ---
The Securities and Exchange Commission’s (SEC) new
regulatory filing for registered investment advisers, Form PF, is designed to help
the Financial Stability Oversight Council assess systemic risk in the financial
system. The rule requires advisers registered with the SEC that advise one or
more private funds and have at least $150 million in
assets under management to file Form PF. Larger advisers are required to
complete more detailed reporting.
This capability will allow advisers to receive client level
Form PF data, enabling them to complete the Form PF data compilation and filing
with their own systems. Clients will have the option of working with a selected
third-party to receive the full end-to-end-solution. Clients using this
offering will be able to manage their reporting workflow and automate Form PF
processes in a scalable and auditable format.
The product offers a range of options for Form PF solutions
support, including investor fund level information, according to Stephanie
Miller, global head of alternative investment services for J.P. Morgan Worldwide
More information is available here.