Societe Generale Securities Services (SGSS) has unveiled a new Alternative Investment Fund Managers Directive (AIFMD) reporting package for asset managers and their funds.
The company claims that its new offering will respond to the various needs of asset managers, allowing them to concentrate on their core investment activities whilst ensuring they are fully compliant with AIFMD.
The package contains three different reporting options. These range from basic data compilation and AIFMD compliant reports, to complete "A-Z" reporting outsourcing.
With transposition of AIFMD into law in EU member states currently underway, reporting requirements will be progressively reinforced throughout Europe. Asset managers will be required to provide regulators with detailed reports for their companies as well as for the funds they manage or promote.