The demands on investment management companies to deliver timely information have never been more stringent than they are today. Regulators from various countries are imposing greater controls and more frequent compliance checks. Asset managers demand more flexible reporting to better meet the needs of their customers.
Investors and regulators alike demand complete transparency in the information they receive, along with more frequent reports. And the proliferation of more complex managed investments such as asset management planning schemes (AMPS) in the U.K. for school districts, only adds to the challenge for fund administrators to deliver accurate, timely reports.