Financial data provider FE fundinfo has expanded its regulatory reporting capabilities by acquiring Matterhorn Reporting Services, a Dutch specialist in Alternative Investment Fund Managers Directive (AIFMD) reporting.
This acquisition aims to support asset managers and service providers in meeting complex compliance requirements while reducing operational costs and burdens.
According to FE fundinfo’s research, 41% of asset managers view regulatory changes as a significant threat in the coming years. AIFMD, in particular, requires a detailed data collection process to answer 41 complex questions within a 30-day reporting window, posing challenges for asset managers.
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Matterhorn’s SaaS reporting solutions streamline AIFMD reporting with intuitive templates that simplify calculations and reduce reporting times by up to 50%, helping managers complete reports and address regulator feedback efficiently. Integrating Matterhorn would enhance FE fundinfo’s platform, improving reporting accuracy, cost efficiency, and operational performance for both AIFMD and Ucits needs.
Liam Healy, CEO at FE fundinfo, said: “WIntegrating Matterhorn’s innovative offerings is the latest step in continuing to be the go-to partner for the investment management community in regulatory reporting. Our clients, and the industry, require holistic, end-to-end reporting solutions that meet the evolving demands of the industry and help firms adapt to growing regulatory complexity. We look forward to helping them continue to meet this challenge.”
Jeroen Cremer, CEO at Matterhorn, added: “By integrating our AIFMD reporting expertise with FE fundinfo’s comprehensive platform, we are confident we can help asset managers navigate the increasingly intricate regulatory landscape confidently and easily.”
