Client reporting: What is it worth?

By Matthew Mancini

A dynamic, integrated, and automated client communications system is more important now than it has ever been. Today’s clients, whether they are individuals or institutions, expect easily accessible investment information and increased transparency. Technology has changed clients’ expectations in virtually every aspect of their lives; money management is no different.

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SS&C survey reveals private equity firms focused on operational efficiency, governance, and transparency – Part 2

By Joe Patellaro

In part 1 of this series, we talked about how today’s private equity firms are increasingly focused on transparency and the current regulatory environment. Here, we examine what respondents say about asset class growth.

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Out-of-date methods and manual processes are slowing you down

By Dianna Tokic Farkas

If it’s not broken, why fix it? Without even realizing it, many of us waste time during the workday. Out-of-date methods and manual processes tie up time, efforts, and budgets. Many tasks could be easily automated and further optimized. Yet, you are stuck in inefficiency because you may not be aware of the options available. Ask yourself, “Is there a better, easier, more efficient way for me to handle the different areas in my finance department? What if my needs were offered by one provider and one single point of contact?”

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SS&C’s CORE reporting to help with the challenges of new SEC Modernization requirements

By Richard Clark

As the main regulator of the investment management industry, the SEC continues to identify opportunities to modernize and enhance the reporting and disclosure of information by registered investment companies. Along these lines, the SEC recently voted to adopt changes which modernize the current reporting regime to address the risks in the asset management industry, improve the quality of the data provided to investors and help the SEC collect and analyze data more efficiently. According to the SEC estimates, there are approximately 12,000 funds that will be affected by the new SEC modernization rules. The first of these new reports will be due July 30, 2018.

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The art of retention: Getting your client communications right

By Julian Webb

Let’s begin with some hard facts. There’s no such thing as 100% client retention. No advisor can prevent death, divorce and clients moving way. However, there are aspects of the client experience that advisors can control. Communication and connection with the client is a prime example. Getting communications right can result in higher client retention, greater client satisfaction and more referrals.

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The challenge of complexity:  Unit pricing, part 5

By Michelle Leung

Unit pricing presents high operational risk, especially when manual processes are involved. The increased complexity of fund-of-funds structures, cross-country assets, multiple valuation points, and increasingly exotic assets, coupled with stricter enforcement of global regulatory compliance, adds to these risks.

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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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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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AIFMD II: What should we expect? – Part 2

By Alastair Hewitt

European policymakers have to deal with Brexit and its implications, and this naturally supersedes AIFMD II. It is believed that an AIFMD market study (due to report mid-2018) has already been put out for tender by the European Commission (EC). This would delay any AIFMD II proceedings.

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