The data management challenge ahead of asset managers and fund administrators became clear as they were handed final rules from the SEC this month on liquidity risk management and reporting modernization.

For fund administrators, new Form N-PORT filings will present a two-fold requirement of having to collect more information from disparate resoruces, and having to determine where the sources of information orginate, says Paul Soltis, global market manager for fund administration service provider Confluence. "There's going to be a lot more raw data that firms will have to collect, relay and transform to get the necessary answers in the form," he tells Money Management Executive.

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