Fe fundinfo to launch compliance service for back-office processes
Latest news
Fe fundinfo to launch compliance service for back-office processes 15 June 2023UK Reporter: Klea Neza
Image: spainter_vfx
Global fund data and technology company Fe fundinfo has created a service to help firms increase transparency and compliance with their regulatory requirements.
Fe fundinfo will provide access to rebate management technology that allows asset managers to review, optimise, simplify and digitalise their middle and back-office processes related to fee and distribution channel management.
In addition, the company is offering a pilot programme to asset managers to support the final stages of the service development. The pilot programme will allow asset managers to test and provide feedback on the service, ensuring that it is tailored to their specific needs before it goes live in the final months of 2023.
Phillip Portman, head of business development and strategy, FE fundinfo, says: “Our service integrates regulatory compliance checks, ensuring adherence to changing requirements. By eliminating manual work and providing a unified platform, our rebate and distribution channel management service simplifies the process, saves time, reduces errors, and enhances overall efficiency for asset managers.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times