Financial Industry Solutions
New location for rock-solid investment fund solutions
The portfolio of services we provide to our financial industry clients has continually grown over the last few years. So has our team. To continue our growth and to further invest in the level of service to our clients, Financial Industry Solutions has moved to an exciting new location: Belval, the former iron ore industrial site, which has been transformed into a state-of-the-art hub for science, research and innovation.
New location for rock-solid investment fund solutions
With all professionals united in one location, we decided to also unite our portfolio of services under an exciting new concept. Stay tuned to hear more in the coming weeks.
Read more about our services just below:
Services such as Kaleidoscope give you an instant view on what is happening in the markets you are interested in. Dedicated Market Intelligence can answer questions such as “who is selling what to whom and at what price?" by providing by providing bespoke analyses of product fit to country requirements.
Kaleidoscope - Regulatory watch solution
Our new Registration Insights app enables you to stay ahead of regulatory changes and be, at any time, up-to-date on the regulatory landscape. It is a web based application providing self-service access to information e.g. about where a registration is required, the definition of marketing, the complexity of the local regulatory framework (including score card) as well as the various marketing arrangements and reporting obligations that would result.
In January 2018, MiFID II will enter into force and asset managers will be required to define a Target Market for each share class of their investment funds. The Deloitte Target Market App is a dedicated tool to prepare the assessment, review it and monitor it for potential updates.
Target Market definition for investment funds
MiFID IIRead more
Our UCITS and AIFM fund marketing passporting and registration service encompasses a fully managed service, including a central point of contact and liaison between the client and local regulatory authorities in target markets. We can also manage third party service providers, the coordination of prospectus changes, and provide advisory on compliance with regulatory reporting obligations. The outsourcing of statistical regulatory reporting and ad-hoc assistance in appointing local representatives forms part of our service offering as well. The entirety of the proposition is performed with the help of advanced technology and oversight possibilities managed on DBoard. Furthermore, we recently added an ETF listing service to our Fund Registration offer.
Fund registration services
Your ticket to access cross-border marketsRead more
Fund Reporting Services
More than ever, markets and investors alike, including fund selectors, look for high quality and transparent statements compiled to standards of industry best practice. Increasingly, funds are looking to publish their annual and semi-annual accounts well within the prescribed legal deadlines.
Fund reporting & financial statements
Our “Fund Comms in a box” set of fully customisable services, ranging from a managed outsourced solution to the provision of customised tools to support your in-house processes will enable you to meet regulators’ expectations and implement best market practices. We take into account multiple local requirements based mainly on consumer protection rules e.g. performance disclosure, warning statements and additional practical information to advice on fund factsheets, websites and marketing teasers to name but a few.
Fund Comms in a box
Turn regulatory compliance into a success storyRead more
Together with a hand-picked FinTech, specialised in digital experience platforms for financial services companies, we developed our Factsheet 2.0 service, which enhances the concept of a paper factsheet and transforms it into an online tool. It will enable you to offer a new experience of exploring your funds, as you will be able to customize content, format, and granularity of information on the fly.
Deloitte Fund Factsheets Services
Our Fund Distribution Analytics Solution enables you to efficiently combine disparate data sources and formats into a comprehensive overview of fund activities across your local distribution networks, thus giving you the knowledge and power to make meaningful decisions in relation to product management, investor relationship management and financial management.
Fund Distribution Analytics
MiFID II extends the scope of reporting obligations across investment services, and UK DCPT provides a similar framework.
MiFID II EMT & UK DCPT
Solvency II (Directive 2009/138/EC) is a European reform applicable to insurance and reinsurance undertakings which came into effect on 1 January 2016.
Solvency II Reporting Services for Investment Funds
The significant increase in volume and complexity of derivative instruments led regulators to carry out post-crisis reforms to regulate banks, insurance companies and investment funds dealing with such financial instruments.
Capital markets & valuation
The Alternative Investment Fund Managers Directive (AIFMD) is no longer a distant set of requirements subject to ongoing negotiation. The European Commission’s detailed ‘Level 2 Regulation’ has settled the rules for compliance with this new, game-changing regulatory regime.
Alternative Investment Fund Managers Directive
Dozens of different performance fee calculation models are currently in use in the investment funds & hedge funds industry. This diversity may lead to several concerns for the stakeholders.
Share class hedging
Deloitte consulting services for hedged products (FX Overlay, Delta and Duration hedging). Assistance for Portfolio and Share Class Hedging.
Currency Overlay and Share Class Hedging services
Insurance companies, pension funds, and credit institutions are requesting comprehensive risk transparency data on their investment funds from their asset managers, in a timely manner, in order to fulfil their regulatory requirements.
Transparency (Solvency II, CRR, VAG) reporting for investment funds and their institutional Investors
We offer advanced solutions covering UCITS KIIDs, PRIIPs KIDs and the related EPT, CEPT and EMT report. Together with our chosen FinTech platform, we propose an all-inclusive service covering the collection, centralisation, control, coordination and dissemination of aggregated fund data sets, documents and reports.
The components of transaction costs for MiFID II and PRIIPs are similar, with the exception that market movements should not be taken into account for MiFID II even though MiFID II Investor protection Q&As mention the potential use of PRIIPs arrival price.
From the start of 2018, all entities in the EU advising on or selling Packaged Retail and Insurance-based Investment Products (PRIIPs) will be required to provide a Key Information Document (KID) to retail investors.
The AIFMD framework introduces stringent and new risk management requirements for alternative investment fund managers but does not provide full detailed implementation measures with regards to risk measurement techniques or monitoring procedures.
The ability to provide meaningful and useful risk reporting in an automated fashion is a factor increasingly considered by directors, investment managers and promoters prior to engaging a management company.