Products July 25, 2012

Paladyne Streamlines Form PF Filing

Paladyne Systems Inc. updated its Reference Data Suite, a reference data management solution, to address increasing hedge fund and private equity regulations, and Form PF filing.
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The 8.0 enhancements are aimed at lowering the cost of aggregating, cleansing and managing data, while supporting the increasing regulatory and compliance requirements.

The industry is focused on improving the quality of data while cutting the cost of managing reference data, according to Sameer Shalaby, president, Paladyne Systems. “There is an increased focus on regulatory reporting within the industry, and Paladyne is helping clients with a centralized reference data repository, clean data, and streamlined data flows to mitigate operational risk,” Shalaby said.

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Enhancements to the data suite include:

Data Governance Module – Expanded capabilities to design data governance workflows to support compliance, validation techniques and role-based entitlements within their enterprise, enabling higher data quality and controls.

Calculated Fields – Simplified tools to easily build and customize meta-data-driven calculations in user-defined fields, supporting the need to easily define new security types.  

“As-Of” Views – Historical views to provide security instrument data representation “as of” any date in the past by simply selecting an historical date, enabling historical data mining and compliance reporting.

Form PF Reporting – Data enrichment with flexible tagging of securities to support Form PF reporting.

Short Locates Support – Dynamic, easy access to leading prime broker short locate inventories, helping clients with comparing various broker rates for hard-/easy-to-borrow stocks.

Restricted Lists Compliance Checking – Flexible tools for managing trading restricted lists.

ETL Manager – Streamlined tools for quickly customizing and processing new data feeds.

Quote Collection and Challenging – Expanded ability to collect, review, challenge, and audit unstructured quotes from brokers, third-party pricing/valuation providers, as well as proprietary shredders to price listed and illiquid securities.

Paladyne Systems is a Broadridge Financial Solutions Inc. company and provider of investment management solutions.

 

Products July 25, 2012

Advent, Data Agent to Provide Hedge Fund Reporting Tools

Advent Software Inc. will collaborate with Data Agent LLC to provide tools to help hedge funds and hedge fund administrators meet Form PF reporting requirements.
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The tools offer a wide range of features, such as data aggregation, workflow management and collaboration to help clients easily verify information within an organization, access important data and reduce time and resources necessary to meet new and changing regulatory reporting demands.

The Data Agent integrated Form PF reporting tools can be implemented as standalone products via a software-as-a-service model, or as a module deployed onsite.

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 “The financial services industry is dynamic, and we have a clear perspective on how technology can help address some of the challenges related to changes and trends,” said Chris Momsen, senior vice president and general manager, Global Accounts and Tamale RMS, Advent Software. “These tools for Form PF compliance are an example of how we are using new, cloud-based technology and working with other industry leaders to support our clients’ ability to meet the demands of regulatory reporting requirements while controlling costs.” 

To learn more about Advent, click here. To learn more about Data Agent, click here.

 

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