Donnelley Financial Solutions, a provider of risk and compliance solutions, has entered into a strategic arrangement with MSCI, a provider of research-based indexes and analytics, to help investment managers and fund administrators meet SEC reporting requirements.
The partnership is particularly aimed at helping financial firms meet the SEC’s Reporting Modernization Rules, which will come into force on 1 June 2018.
The rule requires mutual funds and other registered investment funds in the US to pool more information at a higher frequency – including additional reference and taxonomy data and risk metrics – to meet their monthly Form N-PORT requirements.
To streamline the reporting process and help support compliance, MSCI will offer financial market data and risk metrics that will feed into Donnelley’s ArcFiling data platform.
Donnelley Financial Solutions president of global investment markets Eric Johnson said: “We are very pleased to collaborate with MSCI—a leading provider of portfolio analysis tools—to efficiently comply with the new regulations.
“The combination of MSCI’s data and Donnelley Financial Solutions’ expertise will allow our clients to better manage and understand their data, calculate risks, and build an efficient reporting process.”
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By GlobalDataMSCI analytics head Jorge Mina said: “As the SEC compliance deadline approaches, asset managers are finalizing their implementation plans. MSCI seeks to help them establish prudent liquidity risk management practices and efficient reporting solutions.
“We are excited to work with Donnelley Financial Solutions to deliver a broad offering that will help companies meet regulatory requirements more effectively.”