SEC and the accredited investors

By Michael Loo

During the Practicing Law Institute’s SEC Speaks in 2016 conference, SEC acting chairman Michael Piwowar shared his thoughts on how the SEC should remove the distinction between accredited and non-accredited investors. Accredited investors can invest in private securities not registered with financial authorities. Under SEC Rule 401 of Regulation D, some of the requirements to be an accredited investor include having an income of $200,000 or having a net worth of $1 million (excluding the primary residence). This naturally targets the alternative investment space, such as hedge funds and private equity funds. Should the distinction between accredited and non-accredited cease to exist, alternative investment managers could have a larger pool of viable investors to tap into.

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A one-stop solution for your data reconciliation needs

By Joe Souza

SS&C’s outsourced reconciliation platform utilizes our best-in-class data integration services (Evare) to feed the industry’s premier reconciliation platform (Recon) with daily exceptions and reporting, all managed by SS&C’s Outsourcing division. This combination creates the most efficient exception management solution possible.

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Transparency: How to best serve your investors

By Kamran Anwar

According to Preqin, private equity now manages a record $2.49 trillion, and most of these inflows are institutional. Since private equity now manages a greater percentage share of investors’ portfolios, returns are impacted by performance now more than ever.

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The flexibility of eLearning

By Adam Hall

Some professional designations have highly rigorous continuing education programs. They may have strict requirements about the type of training that qualifies, and carry out regular audits of their members to ensure requirements are being met.

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Impacts on managing private equity funds in an era of increased complexity

By Bocar Kante

The private equity fund industry has raised over $300B in committed capital every year for the last four years—and 2016 proved to be the best fundraising year since the financial crisis[1]. This may even cause Assets under Management (AuM) to double within the next five years[2] off the back of institutional inflows. As fiduciaries to institutional money, private equity is facing pressure to reform its operating model and raise standards. Continue reading

AIFMD II: What should we expect? – Part 1

By Alastair Hewitt

The European Commission will begin to review AIFMD in July, 2017. Managers want some policies eliminated, especially remuneration limits for material risk takers aimed at alternative fund managers (AIFMs). Since this is a politically sensitive subject, it is unlikely to change.

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The challenges of data normalization

By Giles Smart and Justin Meagher

Today’s financial managers operate in a strict regulatory landscape that can be overwhelming and challenging. Many are struggling to stay on top of the new financial rules (e.g. AIFMD, EMIR, MiFID II, Solvency II, FATCA, and Dodd-Frank) while still effectively servicing their clients.

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Streamlining the post-trade communications process, part 4

By Van Nguyen

In the securities industry, lack of systems integration, external connectivity, IT resources, and incompatible data formats all negatively impact post-trade communications, compliance, and reconciliation.

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Managing stress on your trading system

By Bryan Sibert

While your trading system may handle its current volume adequately, what about when the volume starts to increase? A slow system frustrates traders and sales people and negatively affects your bottom line.

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