Automation Streamlines the Process for Form PF, CPO-PQR
Advise Technologies, LLC, a software solutions provider for global regulatory and investor reporting, announced today that it has launched a new consulting and integration services offering. This service is designed to help clients create more robust and efficient filing processes for Form PF, CPO-PQR and similar reporting.
Filing Form PF or CPO-PQR is a learning experience. Even after the second or third filing, when the best interpretative choices, data sources and processes are better understood, most firms can still benefit from streamlining and improving their filing procedures. Most critically, by automating these processes, firms can achieve increased efficiency, greater reliability and consistency among reporting to regulators and investors.
Part of Advise’s new consulting offering involves a detailed analysis of a firm’s reporting operation in order to assess gaps against best practices and identify opportunities for improvement. Where appropriate, Advise now provides full integration services to automate components of the filing process, enabling firms to easily retrieve data from inside and outside sources, including counterparty- and fund administrator-provided data. Firms tasked with filing new and existing requirements can leverage Advise’s Consensus RMS reporting solution to enter a single data set that can be used for multiple forms, ensuring consistency and ultimately eliminating the redundant time and effort required to file each form separately.
Advise’s Consensus RMS offers integration with key accounting, risk, data warehouse, investor relations and other systems. The solution currently supports Form PF, CPO-PQR and OPERA reporting. Support for AIFMD and other regulatory and investor reporting is planned for release this year.
Advise has written a white paper, titled, “You’ve Filed Form PF and CPO-PQR, Now What?” that expands on the need for automation as the key to increasing the efficiency and reliability of regulatory and investor reporting processes.