NorthPoint, a premier provider of software solutions and IT consulting services for
Hedge Funds, Asset Managers, and Service Providers, announces the release of the NorthPoint Form
PF Solution. Developed in partnership with a number of hedge fund clients, the NorthPoint Form PF
Solution provides a complete workflow management tool to simplify and manage the filing process.
In order to comply with Form PF requirements, many investment advisers will have to gather,
classify, and aggregate data from many sources including external service providers and internal
applications. The NorthPoint Form PF solution provides a single data repository and tools to
automate the collection and management of all the data required for completing the filing process.
Furthermore, a dynamic workflow tool automatically generates the necessary data collection and
reporting tasks and provides tools and reports to review, audit and sign-off of reporting instructions
based on the fund’s unique reporting elections. Filings can be prepared and submitted within the
application, and all collected information is retained to provide audit trails of reported numbers. The
entire process is monitored on a dashboard that shows the status of each instruction and the overall
progress of the filing preparation.
In addition to the Form PF solution, NorthPoint has committed to enhancing their existing trade
workflow, data warehouse, and portfolio management platforms, to capture Form PF-related
information at source allowing for easier ongoing filing compliance.
“Although Form PF is intricate and operationally challenging, NorthPoint’s extensive experience in
dealing with our clients’ data management challenges coupled with our technology’s ability to
integrate with existing systems, uniquely positions us to help alleviate our client’s regulatory
reporting burden,” said Nigel Cheetham, NorthPoint Senior Manager. “Our goal is to provide an
effective solution which automates and streamlines the regulatory compliance process, freeing our
clients to focus on what is most important – growing their business.”