Linedata Provides AIFMD Reporting Tool to Mitsubishi UFJ Custody Arm, Upgrades Admin Edge

Second largest Luxembourg Alternative Investment Fund Management company chooses Linedata for centralized and integrated solution.

luxembourg
MUGC is the second largest AIFM in Luxembourg, with around 185 alternative investment funds.

Mitsubishi UFJ Global Custody, a member of Mitsubishi UFJ Financial Group, has implemented Linedata AIFMD Regulatory Reporting as the vendor released an upgraded version of its fund administration platform with improvements to Linedata Mshare, its transfer agency software.

The second largest Alternative Investment Fund Manager (AIFM) in Luxembourg, with around 185 alternative investment funds, Mitsubishi Global Custody (MUGC) selected the Linedata AIFMD Regulatory Reporting solution to centrally manage and control their risk and reporting while adapting and responding to new regulatory needs.

Using a centralized database, MUGC are now able to calculate and review the data required for generating XML and PDF reports for AIFMD regulatory filings.

“Having worked with Linedata as a client since 2008, it was a natural step for MUGC and MUGC LM to further develop our relationship as we face new regulatory filings associated with the AIFM Directive,” says Jean-Francois Fortemps, managing director of MUGC LM.  “With the vast amounts of data from multiple and diverse sources, it can be a challenge to identify the exact information required by the regulators. Working with Linedata’s experts, we are able to better understand the complex requirements of AIFM Directive and implement a solution to solve our reporting needs.”

Upgrades to Admin Edge

Linedata also recently announced significant updates to its fund administrator platform, Linedata Admin Edge.

“With the vast amounts of data from multiple and diverse sources, it can be a challenge to identify the exact information required by the regulators. Working with Linedata’s experts, we are able to better understand the complex requirements of AIFM Directive and implement a solution to solve our reporting needs.”

Upgrades include the integration and automation of data flows between fund accounting and transfer agency, the streamlining of key processes and enhancements to the allocations module that enables client companies to meet stakeholder demands more efficiently and reduce operational risk.

The end-to-end fund administration platform is now better integrated to create seamless data workflow and simple interaction between fund accounting and transfer agency functions as well as NAV dissemination. This makes Linedata Admin Edge equally suited to addressing both traditional and alternative fund administration.

The new version also includes regulatory and other enhancements to Linedata Mshare, its transfer agency software. Linedata Mshare now enables transfer agent users to set up automated FATCA reporting by accessing data from the product, and forwarding it to the authorities in the required XML format, reducing the administrative burden while ensuring full compliance. Updates to AIFMD and FormPF solutions ensure that Linedata Mshare is up to date on all regulations.

 

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