Confluence called upon for AIFMD reporting 05 January 2017London Reporter: Stephanie Palmer
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Royal London Asset Management has appointed Confluence’s Unity NXT solution to help meet reporting requirements under the Alternative Investment Fund Managers Directive (AIFMD).
The Annex IV transparency reporting solution is intended to support Royal London’s growing alternative investment fund business.
It provides data reporting and collection services, assesses reports and transmits files to the regulator, helping alternative investment fund managers to meet their reporting obligations in a cost-effective and efficient manner.
Martyn Gatehouse, senior regulatory and financial accountant at Royal London Asset Management, commented: “We were looking for a solution that would provide us with the control we need and the scalability to grow as we continue to expand our global footprint.”
He said: “Not only has the Confluence software met these needs, their team has provided the expertise to help us navigate the complexity of the data aggregation and filing requirements associated with AIFMD.”
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