Confluence partners with ICE Data Services
22 February 2018 Pittsburgh
Image: Shutterstock
Confluence and ICE Data Services have teamed up to help asset managers meet compliance with SEC Modernization and other regulatory reporting requirements.
As part of the implementation of SEC Modernization, asset managers will see increased frequency and depth of reporting required by Form N-PORT and Form N-CEN presenting them with unprecedented challenges to their back-office operations.
The new partnership between Confluence and ICE will provide asset managers with the required content, data management and reporting capabilities to help meet compliance needs.
ICE Data Services will help Confluence clients cover the analytics requirements of these regulations, including the calculation of market risk sensitivities at the portfolio- and position-level, as well as properly classifying funds’ investments according to prescribed liquidity categories.
Todd Moyer, COO at Confluence, said: “The advent of SEC Modernization has radically altered the playing field for asset management back offices.”
He added: “Fund managers are faced with an ongoing challenge to obtain the data they need to comply with new requirements. While Confluence has become the go-to provider for the industry, our model depends upon partnerships with the best market data and analytics providers, exemplified by ICE Data Services.”
As part of the implementation of SEC Modernization, asset managers will see increased frequency and depth of reporting required by Form N-PORT and Form N-CEN presenting them with unprecedented challenges to their back-office operations.
The new partnership between Confluence and ICE will provide asset managers with the required content, data management and reporting capabilities to help meet compliance needs.
ICE Data Services will help Confluence clients cover the analytics requirements of these regulations, including the calculation of market risk sensitivities at the portfolio- and position-level, as well as properly classifying funds’ investments according to prescribed liquidity categories.
Todd Moyer, COO at Confluence, said: “The advent of SEC Modernization has radically altered the playing field for asset management back offices.”
He added: “Fund managers are faced with an ongoing challenge to obtain the data they need to comply with new requirements. While Confluence has become the go-to provider for the industry, our model depends upon partnerships with the best market data and analytics providers, exemplified by ICE Data Services.”
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