Business Wire

The Dawning of a New Era in Data Management in the Fund Industry

Del

KNEIP, in the pursuit of transforming the financial services industry has invested in creating a new single layered platform to manage the entire fund lifecycle from end to end. This revolutionary concept leads to digitalisation of investor data, will allow more transparency, reporting to be more efficient than ever before and have greater effectiveness on the investor’s thinking.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180927005501/en/

Neil Ward, CEO of KNEIP and Bob KNEIP, Founder and Chairman of KNEIP (Photo: KNEIP)

Neil Ward, CEO of KNEIP and Bob KNEIP, Founder and Chairman of KNEIP (Photo: KNEIP)

Bob Kneip, Founder and Chairman of KNEIP comments This is the beginning of a new era for clients to have full control and transparency on all of their data. By giving the data back to the client, we can unlock the complexity and remove silos for any market, regulatory document, or piece of data to be disseminated and filed to market stakeholders and back.

The new single layered, digitally driven platform from KNEIP is putting asset managers back in control of their data. Not only will this dramatically cut complexity and cost, it will also boost effectiveness .

The platform works by ingesting all unstructured data, with machine learning and artificial intelligence tools, then processes this data to work in a structured format. The new digital platform has intuitive tools that put asset managers directly in control.

Regulatory, distribution and marketing imperatives require asset managers to process data from dozens of sources, transform this data, and then communicate the results effectively to clients, distributors, supervisors, partners, data providers and more.

KNEIP have been assisting asset managers meet regulatory requirements for 25 years, and their new digital platform will take this to the next level. The key short-term advantage is dramatically reduced costs. “We have one client using the platform who is now spending $65,000 on processes that used to cost them $2 million”, commented Bob Kneip.

Streamlining the process was a key component in the digital transformation. Historically, an asset manager who might want to launch a fund was required to use a fund registration team to compile the data and build reports, then external and internal legal departments would need to scrutinise it before sending it to the regulator. Now fund managers just have to drag their fund (be it based in Luxembourg, Dublin, the UK, the US or wherever) into their target market, and the data and documents are compiled automatically to suit the requirements of each national regulator. Similarly, with PRIIPs, MiFID II and pension fund document templates: users log on, choose the option they require, and the information is ready in five minutes.

As well as these streamlined processes saving time and money, they also offer greater ability to trap errors early. If there are any problems with a regulatory application dossier these will be identified instantly and can be corrected. In the past, time and money was wasted as files were rejected by the regulator merely due to an administrative oversight. With correctly filed dossiers will boost effectiveness too.

KNEIP believes this move will revolutionise the fund industry leading to a new dawn in the way data management is perceived across the globe.

Contact information

KNEIP
James Urquhart:
james.urquhart@kneip.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Entrust Datacard to Acquire Market-Leading General Purpose Hardware Security Module Business from Thales22.2.2019 09:47:00Pressemelding

Entrust Datacard, a leading provider of trusted identity and secure issuance technology solutions, today announced that the company has signed a definitive agreement to acquire Thales’s market-leading General Purpose Hardware Security Module (GP HSM) business, nCipher Security, which has been operating as a separate stand-alone business within Thales since January 2019. Thales is divesting its nCipher GP HSM business, in accordance with Regulatory Clearances necessary to complete Thales’s forthcoming and previously-announced acquisition of Gemalto and to ensure a strong competitive market leader in the HSM market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190222005135/en/ General Purpose HSMs are a core component of Entrust Datacard’s solutions and are an underlying part of the security infrastructure of the company’s public key infrastructure (PKI) and secure socket layer (SSL) offerings. The acquisition will allow the

Turkcell and US RAN Vendor Airspan Are Laying the Foundation for 5G with an Ultra-Dense AirDensity Network to Support Turkey’s Digital Transformation22.2.2019 09:06:00Pressemelding

Turkcell and Airspan announce the first deployment of AirDensity to deliver coverage and capacity to the most constrained indoor locations in Turkey as well as extending coverage to rural areas and enabling development of next generation solutions including Drone-based flying cells. AirDensity is based on the multi-award-winning AirUnity platform and part of the Airspan network densification portfolio that counts approximately half a million 4G cells deployed world-wide. This is further proof of the progress of the Feb 23, 2017 strategic cooperation announcement between Turkcell and Airspan. Airspan supports the ‘Made in Turkey’ 5G consortium with an R&D center in the Istanbul Technopark and provides regional support for Airspan’s deployments. Turkcell is deploying AirDensity is the innovative all-wireless small cell to deliver world class user experience to its residential and enterprise customers, develop innovative vertical applications and remain Turkey’s leading digital operator.

MHI Selected for Inclusion in All Four GPIF ESG Investment Indices22.2.2019 08:46:00Pressemelding

Mitsubishi Heavy Industries, Ltd. (MHI)(TOKYO:7011) has been selected by Japan's Government Pension Investment Fund (GPIF), one of the world’s largest pension funds, as a constituent of all four of its indices used as references for making ESG (environmental, social, and governance) investments into Japan’s corporate sector. Selection by GPIF reflects the high acclaim accorded to MHI Group’s ESG-related initiatives: specifically, its response to environmental issues and social challenges and its bolstering of corporate governance. GPIF issues four ESG indices: 1) FTSE Blossom Japan Index, a broad index incorporating overall ESG considerations based on FTSE Russell, an investment index calculator wholly owned by the London Stock Exchange; 2) MSCI Japan ESG Select Leaders Index, a similar broad index based on MSCI, a U.S. provider of investment indices; 3) MSCI Japan Empowering Women Index (WIN), an MSCI index monitoring companies’ gender diversity performance; and 4) S&P/JPX Carbon Effi

IDEMIA Makes Urban Mobility Easier in Lisbon with Cosmo Fly, the First EMV Dual Interface Payment Card Certified by the Calypso Networks Association22.2.2019 08:44:00Pressemelding

IDEMIA, the global leader in Augmented Identity, is excited to offer an Urban Mobility solution on the back of its alliance with SIBS and Otlis, the consortium of 7 transport operators that manages the interoperability in Lisbon and the common system shared by 27 mobility operators. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190222005104/en/ (Photo: Business Wire) In an increasingly connected world, electronic solutions are popping up everywhere and dual interface payment cards are now common in people’s wallets even if they are put to just one use – namely payments. Meanwhile IDEMIA has developed a new payment card called Cosmo Fly that comes with new services including Urban Mobility, enabling cardholders to buy public transport tickets directly from their bank’s transport partner. The tickets are stored in their payment card and can be used immediately. This solution is very convenient for commuters as they pay and tr

Novostia Technology for Heart Valve Prosthesis Raises CHF 6.5 Million to Start First Clinical Trials22.2.2019 07:30:00Pressemelding

Novostia announces that it raised CHF 6.5 million from private investors to advance its disruptive aortic and mitral heart valve to clinical trials. Heart valve diseases affect more than 100 million people worldwide. Every year hundreds of thousands of patients undergo a heart valve replacement. Available technologies entail serious constraints: lifelong anticoagulant medication or further replacements due to limited valve durability. Thanks to a unique patented design and the use of a high-performance biocompatible polymer, Novostia eliminates all these constraints as well as clicking noises. “Our technology should significantly improve the quality of life of people bearing a heart valve prosthesis, especially kids and young patients, while reducing overall healthcare costs. We appreciate the trust and support of our investors and look forward to bringing this long-awaited innovation to the patients and the physicians,” said Geoffroy Lapeyre, Novostia CEO. About Novostia Novostia is a

Blue Danube Systems Coherent Massive MIMO Delivers Industry’s Highest Capacity Gains in Multiple Commercial Networks21.2.2019 23:00:00Pressemelding

Blue Danube Systems, a provider of intelligent wireless access solutions that help mobile operators address the challenge of explosive data growth, is today announcing significant results from multiple new FDD deployments in commercial networks with live traffic. These multi-unit installations show more than 2.5 times higher cellular capacity and significantly increased user throughputs for both legacy LTE terminals as well as new generation smartphones. Blue Danube’s BeamCraft™ 500 antennas were deployed in 4G LTE networks in dense urban megacities and other areas with high traffic load nearing full bandwidth utilization. The systems exploited intelligent analytics-based multi-site optimization, and the performance was measured directly from the operators’ network performance management systems. The results exhibit increasing gains with the number of units deployed and highlight the benefits of multi-site optimization and coordination. Consistent performance improvements were observed