In order to comply with Form PF requirements, many investment advisers will have to gather, classify, and aggregate data from many sources including external service providers and internal applications. The NorthPoint Form PF solution provides a single data repository and tools to automate the collection and management of all the data required for completing the filing process.
Furthermore, a dynamic workflow tool automatically generates the necessary data collection and reporting tasks and provides tools and reports to review, audit and sign-off of reporting instructions based on the fund’s unique reporting elections. Filings can be prepared and submitted within the application, and all collected information is retained to provide audit trails of reported numbers. The entire process is monitored on a dashboard that shows the status of each instruction and the overall progress of the filing preparation.
In addition to the Form PF solution, NorthPoint has committed to enhancing their existing trade workflow, data warehouse, and portfolio management platforms, to capture Form PF-related information at source allowing for easier ongoing filing compliance.
“Although Form PF is intricate and operationally challenging, NorthPoint’s extensive experience in dealing with our clients’ data management challenges coupled with our technology’s ability to integrate with existing systems, uniquely positions us to help alleviate our client’s regulatory reporting burden,” said Nigel Cheetham, NorthPoint Senior Manager. “Our goal is to provide an effective solution which automates and streamlines the regulatory compliance process, freeing our clients to focus on what is most important – growing their business.”
About Form PF
Form PF represents a historic US regulatory change in the way hedge funds and other SEC-registered investment advisers have to report on how they operate their businesses. These private, confidential filings (on a quarterly or annual basis) require a broad range of data, including portfolio, performance and risk information. Learn more about Form PF through NorthPoint’s recent webinar on “Are you ready for Form PF?” at www.northps.com.
NorthPoint's Financial Services Practice is a leading provider of technology solutions and consulting services focused exclusively on the Financial Services Markets. Our solutions include Trade Order Management, Compliance, Portfolio and Risk Management, and Data Warehousing. Each solution is customizable and is designed to improve business processes by streamlining workflows and improving automation. Our team’s deep understanding of diverse investment strategies, operational workflows and technology allows us to provide our clients with optimal solutions. Our services include Strategic Advisory, Product Selection, Project Management, Business Analysis, System Architecture, Custom Software Development, Systems Integration, and Staff Augmentation. For more information, please visit www.northps.com.
Media Contact: Shruti Shah
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