FE fundinfo expands best-in-class regulatory reporting capabilities with the acquisition of AIFMD specialist Matterhorn Reporting Services
Matterhorn Reporting Services’ AIFMD solutions will be integrated into FE fundinfo’s end-to-end platform, delivering new compliance capabilities for asset managers and service providers.
FE fundinfo, a leading financial data company connecting the asset management industry to wealth management networks in the UK, Europe and Asia, today announced the expansion of its regulatory reporting capabilities with the acquisition of Utrecht-based Matterhorn Reporting Services, a specialist provider of Alternative Investment Fund Managers Directive (AIFMD) software reporting and managed services. This strategic acquisition will help asset managers and service providers meet increasingly complex requirements while reducing operational burdens and costs.
The regulatory landscape has become progressively intricate, with changes in compliance obligations and growing demands for transparency. 41% see regulatory changes as a threat over the next three years, according to FE fundinfo’s 2024 Asset Manager Report. The AIFMD requires asset managers to conduct an extensive data collection process to complete 41 highly complex questions within the 30-day reporting period, leading to significant manual effort and pressure to deliver within this timeframe.
Matterhorn Reporting Services’ proven expertise, built on a decade of experience in delivering intuitive Software as a Service (SaaS) based reporting solutions for asset managers and service providers, directly addresses these challenges by streamlining the creation of AIFMD reports. Its easy-to-use template simplifies complex calculations, and its services further enhance operational efficiency by feeding back information on errors or easily interpreting regulator feedback - leading to clients experiencing a 50% reduction in reporting times.
With the integration of Matterhorn Reporting Services, FE fundinfo’s clients will benefit from improved efficiency, reduced operational costs and enhanced compliance accuracy, consolidating all reporting needs in one place and having access to solutions beyond the Undertakings for Collective Investment in Transferable Securities (UCITS) space.
The acquisition is a significant step in FE fundinfo’s broader mission to enable asset managers with a comprehensive suite of data-driven tools, and robust end-to-end regulatory reporting capabilities. Matterhorn Reporting Services solutions are planned to be available within FE fundinfo’s platform, providing clients with a seamless experience.
Liam Healy, CEO at FE fundinfo, said, "We are continuously exploring solutions that enhance the operational efficiency and increase value for our clients. Integrating 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, said “At Matterhorn, we have always been committed to empowering asset managers with tools that simplify and improve regulatory reporting processes. 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 with confidence and ease.”