Capita completes automated Annex IV reports 02 March 2015London Reporter: Stephanie Palmer
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Capita Asset Services’s fund solutions business has completed its automated Annex IV reporting to both the Financial Conduct Authority and the Central Bank of Ireland, and has further extended its services to UCITS and alternative investment funds.
The service automatically populates and verifies all the data fields required for Annex IV, without any additional information from portfolio managers.
It uses integrated data from Capita’s fund accounting and shareholder record systems, overlaid with risk metrics from its Statpro Revolution system, and is designed to allow portfolio managers to concentrate on their primary lines of business.
Chris Addenbrooke, CEO of Capita Asset Services fund solutions, said: “This development is yet another example of Capita’s commitment to providing portfolio managers with a fully integrated and comprehensive suite of independent ACD, management company, AIFM and full fund administration services.”
Capita currently provides services to about 50 funds across Ireland and the UK.
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