Software vendor Data Art has released a front-end application that will allow hedge funds to report their Form PF filings to regulators
The solution is free of charge and allows users to create, edit and approve the forms. It also holds records of past filings and allows for report sharing between multiple users.
"This application is the first in a line of our complimentary solutions to help buy-side firms overcome new regulation requirements and optimize the cost of compliance reporting," says Oleg Komissarov, a senior vice president at DataArt. "In the future, we will be releasing solutions in response to other reporting requirements, including AIFMD, FATCA, CPO-PQR and OPERA. We look forward to continuing to elevate the industry's response and fluid adaptation to regulation challenges through collaborative, professional and cost-effective methods."
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