Business Wire

The Dawning of a New Era in Data Management in the Fund Industry

Jaa

KNEIP, in the pursuit of transforming the financial services industry has invested in creating a new single layered platform to manage the entire fund lifecycle from end to end. This revolutionary concept leads to digitalisation of investor data, will allow more transparency, reporting to be more efficient than ever before and have greater effectiveness on the investor’s thinking.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180927005501/en/

Neil Ward, CEO of KNEIP and Bob KNEIP, Founder and Chairman of KNEIP (Photo: KNEIP)

Neil Ward, CEO of KNEIP and Bob KNEIP, Founder and Chairman of KNEIP (Photo: KNEIP)

Bob Kneip, Founder and Chairman of KNEIP comments This is the beginning of a new era for clients to have full control and transparency on all of their data. By giving the data back to the client, we can unlock the complexity and remove silos for any market, regulatory document, or piece of data to be disseminated and filed to market stakeholders and back.

The new single layered, digitally driven platform from KNEIP is putting asset managers back in control of their data. Not only will this dramatically cut complexity and cost, it will also boost effectiveness .

The platform works by ingesting all unstructured data, with machine learning and artificial intelligence tools, then processes this data to work in a structured format. The new digital platform has intuitive tools that put asset managers directly in control.

Regulatory, distribution and marketing imperatives require asset managers to process data from dozens of sources, transform this data, and then communicate the results effectively to clients, distributors, supervisors, partners, data providers and more.

KNEIP have been assisting asset managers meet regulatory requirements for 25 years, and their new digital platform will take this to the next level. The key short-term advantage is dramatically reduced costs. “We have one client using the platform who is now spending $65,000 on processes that used to cost them $2 million”, commented Bob Kneip.

Streamlining the process was a key component in the digital transformation. Historically, an asset manager who might want to launch a fund was required to use a fund registration team to compile the data and build reports, then external and internal legal departments would need to scrutinise it before sending it to the regulator. Now fund managers just have to drag their fund (be it based in Luxembourg, Dublin, the UK, the US or wherever) into their target market, and the data and documents are compiled automatically to suit the requirements of each national regulator. Similarly, with PRIIPs, MiFID II and pension fund document templates: users log on, choose the option they require, and the information is ready in five minutes.

As well as these streamlined processes saving time and money, they also offer greater ability to trap errors early. If there are any problems with a regulatory application dossier these will be identified instantly and can be corrected. In the past, time and money was wasted as files were rejected by the regulator merely due to an administrative oversight. With correctly filed dossiers will boost effectiveness too.

KNEIP believes this move will revolutionise the fund industry leading to a new dawn in the way data management is perceived across the globe.

Contact information

KNEIP
James Urquhart:
james.urquhart@kneip.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

Arthur D. Little Appoints Michael Kruse as Head of Global Energy & Utilities Practice23.4.2019 12:42:00 EESTTiedote

Arthur D. Little (ADL) today announced the appointment of Michael Kruse as the new Global Practice Leader for its Global Energy & Utilities practice. A Partner based in ADL’s Frankfurt office, Michael has been with the company for over 11 years, focusing on the strategy and project development behind large-scale capital investment programs in the power sector, including conventional and renewable energies, as well as power grids. His most recent consulting work explored the future of nuclear generation, offshore wind and corporate transformation in the digital era. ADL’s Global Energy and Utilities practice works together with its clients as partners to apply clear thinking to their key strategic issues. It offers a unique ability to combine four factors: a deep, practical understanding of the energy industry and its most difficult challenges, the highest caliber of people, innovation to produce fresh insight, and a commitment to achieving measurable results. Ignacio García Alves, Chai

The New myPOS Go is Here to Become a Market Leader at Just 29 EUR23.4.2019 12:25:00 EESTTiedote

Europe’s fastest growing payments provider, myPOS, today announces the upcoming launch of its latest payment terminal - myPOS Go. Portable and light-weighted, myPOS Go boasts a list of innovative functionalities, emblematic for all myPOS devices – from accepting cards and mobile wallets to sending payment requests and topping up prepaid phones and branded gift cards. At just 29 EUR, merchants will get the new payment device with a free myPOS account and business debit card to it for immediate use of the acquired funds, which are settled instantly after every received payment. The payment terminal is pocket-sized, paperless and perfect for merchants on the go, who seek independence from traditional banks. "Designing payment services with the small and micro businesses in mind, we are aware that some merchants are really sensitive to the cost of payment terminals. Although we do not charge any monthly fees in addition to the device cost, we would like to cater to those merchants and offe

Samsung Sets New Photon Efficacy Level in White LED Packages for Indoor Farms23.4.2019 12:00:00 EESTTiedote

Samsung Electronics Co., Ltd., a world leader in advanced digital component solutions, today announced an industry-leading enhancement to its mid-power LED package – the LM301H – for horticulture applications, such as greenhouse and vertical farming*. At 3.10 micromoles per joule (μmol/J), the newly introduced LM301H now features the highest photon efficacy** among today’s mid-power white LED packages. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190423005400/en/ Samsung Horticulture LED LM301H (Photo: Business Wire) “This breakthrough in photon efficacy will go a long way in helping indoor farm owners to maximize plant growth and quality, as well as their profits,” said Un Soo Kim, senior vice president of LED Business Team at Samsung Electronics. “We are committed to continue innovating white LED solutions optimized for healthier plant production as we solidify our leadership in the horticulture lighting industry.” As a

Vivet Therapeutics Announces 2 Abstracts Accepted for Oral Presentation at 2019 American Society of Gene and Cell Therapy Annual Meeting23.4.2019 11:38:00 EESTTiedote

Vivet Therapeutics (“Vivet”), a privately held gene therapy biotech company dedicated to developing gene therapy treatments for inherited liver disorders with high unmet medical need, today announced that new data from its lead development program, VTX-801 a novel investigational gene therapy for WD, and VTX-803, Vivet’ novel therapeutic in development for the treatment of PFIC3, have been accepted for oral presentation during the ASGCT 22nd Annual Meeting, April 29 - May 2, 2019 in Washington, D.C., USA. Dr. Gloria González-Aseguinolaza, Vivet Therapeutics CSO & Head of the Gene Therapy Dept. at FIMA will present data from a recently completed study, validating in WD mice the use of fecal excretion of IV-injected 64copper as a pharmacodynamic endpoint in the VTX-801 Phase I/II trial currently under preparation. These data are the first demonstration of copper homeostasis restoration with 64Copper in an animal model of WD through the delivery of a single, intravenous administration of

Transphorm Centers on the Simplicity and Reliability of High Voltage GaN Application Development at PCIM 201923.4.2019 11:00:00 EESTTiedote

Transphorm Inc.—the leader in the design and manufacturing of the highest reliability and first JEDEC- and AEC-Q101 qualified 650 V and 900 V gallium nitride (GaN) semiconductors—today shared a glimpse into its 2019 PCIM Europe showcase. Located in Hall 9 Booth 519, it centers on three key points to help conference attendees better understand Transphorm’s high voltage GaN value proposition: Reliability: Design with confidence when using Transphorm’s high quality, high reliability (Q+R) GaN transistors. Drivability: Pair Transphorm’s devices with off-the-shelf drivers, for easing drivability. Simplicity: Experience simpler designs due to minimal external gate drive circuitry along with standard packages, such as TO-220, TO-247, and PQFN, with well-known thermal management techniques. “At PCIM, you’ll see the culmination of Transphorm’s innovation along with its measurable impact on low volume as well as high volume customer applications,” said Philip Zuk, Vice President, Technical Marke

PV InfoLink to Host Dialogues with Industry Heavyweights on 2H19 Solar Market Outlook Prior To SNEC23.4.2019 10:00:00 EESTTiedote

A seminar titled “2H19 PV Market Outlook and Forecast” will be held in Shanghai on June 3, one day prior to SNEC, to discuss global supply chain market outlook in the second half of this year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190423005391/en/ 2019 Module Prices and Demand Forecast. (Photo: Business Wire) Held by PV InfoLink, a leading solar market intelligence provider, the seminar will bring together PV manufacturers, developers, EPC, and investors to explore major issues revolving the industry and help participants gain valuable insights for navigating the expanding solar market. PV InfoLink has invited Chinese major companies, including Jinko, Longi, and GCL-Si, to discuss impact of China’s transition to a subsidy-free market. This year, China’s demand will revive later than usual due to policy uncertainty. Moreover, Japan and India, China’s two major trading partners, saw weakening demand after the end of f

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme