Asset managers that stay on top of regulatory demands not only keep authorities happy, they gain a competitive advantage against other firms, says one fund administration executive.

This year, managers face a number of proposed regulations impacting liquidity risk management, financial reporting and the use of derivatives, all of which are expected to drive the need for operations that provide automation and flexibility, notes Lisa Shea, a senior product manager on the fund services team at Northern Trust. Mutual fund companies, she says, will be tasked with finding new ways to drive down costs while still complying SEC proposals like the 22e-4, which would require classification of fund assets and risk assessment on proposed forms N-PORT and N-CEN.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.