RFA achieves CSSF regulated status 27 June 2024 US Reporter: Klea Neza
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RFA, the specialist IT provider to the alternative investment sector, has been awarded regulated status under the Commission de Surveillance du Secteur Financier (CSSF), which is responsible for all regulation in Luxembourg.
The CSSF regulation ensures the RFA team can support clients with technology compliance, alternative investment fund management (AIFM) and gap analysis.
It also ensures the firm is able to aid clients with guidance and assessments relating to the Digital Operational Resilience Act (DORA).
George Ralph, global managing director and chief revenue officer at RFA, comments: “RFA have been clear that it was essential for our business to be CSSF regulated in Luxembourg to add genuine value to our clients globally. By being regulated ourselves, we can support our clients overarching data strategies, including managing client data.
“Data is a fund's most valuable asset and being able to access, manage, read and report on investor and regulatory data is a cornerstone of fund management in 2024.”
Yohan Kim, CEO of RFA, adds: “Understanding specific client and industry challenges, RFA have developed a suite of services that answer the most pressing operational issues including flexible, high quality IT support, fully managed IT, public cloud solutions, communication and collaboration services, next generation cybersecurity solutions, as well as managed application, data and development services.”
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