Author: OTCFin – otcfin.com
New York, NY, —March 31, 2021— Investment Fund Services Limited (IFSL), a U.K.-based investment company, has selected OTCFin to assist them with their implementation of their PRIIPs KIDs initial calculation and on-going monitoring. OTCFin will provide the following services:
- Data Collection and Data Quality check; OTCFin Data Management team will receive the required data inputs from IFSL on a monthly basis and perform data quality checks to ensure completeness for the PRIIPs calculations.
- PRIIPs Calculations: Produce Market Risk Measure (MRM), Credit Risk Measure (CRM), Performance Scenario and Reduction in Yield calculations
- On-going Monitoring: Perform the PRIIPs calculations on an on-going basis in order to flag significant changes which would trigger intra-year republication of the KID
Ee Wah Lim, Head of Product Development of OTCFin, notes: “It has been a privilege to work with the IFSL team on their PRIIPs launch. We look forward to providing them with on-going support on this topic.”
Founded in 1999, OTCFin has been a leader in risk and regulatory data integration and reporting. The company provides integrated solutions to investment managers to help them better and more efficiently manage their portfolios.
Investment Fund Services Limited (IFSL) is a leading provider of the full range of services needed to run a collective investment scheme – a fund. Their expertise and oversight protects the interests of investors in these funds and allows companies, which launch them, to focus without distraction on their core businesses, whether that be managing investments or providing financial advice.