• Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
What's Hot

The TikTok CEO’s Face-Off With Congress Is Doomed

March 22, 2023

Nine Early Decisions These Entrepreneurs Made That Majorly Impacted Their Businesses

March 22, 2023

Litter Robot 4 review: A great, but imperfect, self-cleaning litter box

March 22, 2023
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
Behind The ScreenBehind The Screen
Home»Fintech»Neuberger Berman automates Emir reconciliation with Fund Recs
Fintech

Neuberger Berman automates Emir reconciliation with Fund Recs

December 10, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cion Digital names Sundar Nagarathnam COO
Share
Facebook Twitter LinkedIn Pinterest Email

Fund Recs at the moment introduced that its Velocity platform will automate EMIR reconciliations for Neuberger Berman, a non-public, impartial, employee-owned funding supervisor with $418 billion in shopper belongings.

Finishing an EMIR commerce reconciliation is integral to having efficient oversight in place on the EMIR reporting course of. Regulators are focusing closely on knowledge high quality and corporations want to make sure they’ve adequate oversight in place to verify that reported trades are full and correct.

Fund Recs’ EMIR Reconciliation resolution helps the oversight course of and offers corporations the consolation their reporting meets an appropriate customary for the regulator. Fund Recs purchasers profit from being supported by a extremely responsive and educated crew to make sure their regulatory wants are being met.

Fund Recs’ EMIR Reconciliation resolution is a part of the Velocity platform. Velocity is a set of cloud-based software program modules that helps Funding Managers, third Social gathering ManCos, AIFMs and Fund Directors to realize straight-through reconciliations and knowledge processing of their center and again workplaces.

Alex Duncan, EMEA Operations Director at Neuberger Berman mentioned “We have been searching for a supplier who was in a position to help our continued drive to implement finest at school options to fulfill our regulatory reporting obligations. Particularly for EMIR reporting, and given the broad nature of our enterprise, we have been searching for a accomplice to automate our oversight of delegated reporting throughout a variety of funds and segregated accounts. Fund Recs have each the platform and the individuals to fulfill our wants.”

Fund Recs CEO, Alan Meaney, mentioned: “Neuberger Berman are a pacesetter within the funding administration business, and we’re delighted they’ve chosen Fund Recs to help their oversight obligations for EMIR. At Fund Recs, we’re seeing accelerating curiosity and adoption of our regulatory options supporting EMIR, SFTR and ASIC. Knowledge high quality is a prime precedence for regulators globally and corporations wish to platforms, like our personal, to strengthen the compliance and governance round their reporting course of.”

See also  A VC Fund In Maine With Job Creation At Its Core

Source link

automates Berman Emir fund Neuberger reconciliation Recs
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

VMware exec joins Darktrace; Zillow hires Twitter marketing leader; Oregon Venture Fund adds partner – Startup

January 19, 2023

My e-Journey – over 40 years. Part 2. All banking.

December 29, 2022

Fintech Revolution Summit 2023 to be held in Morocco

December 29, 2022

Why GGV Capital’s Hans Tung is OK with 2023 being ‘the year of down rounds’ • Fintech

December 29, 2022
Add A Comment

Comments are closed.

Editors Picks

Spyware activity particularly impactful in July

August 7, 2022

People Driven Credit Union selects Larky nudge

July 20, 2022

Bitwise launches active crypto fund

November 3, 2022

‘Wordle’ today, July 24: Answer, hints, help for Wordle #400

July 24, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

The TikTok CEO’s Face-Off With Congress Is Doomed

Nine Early Decisions These Entrepreneurs Made That Majorly Impacted Their Businesses

Litter Robot 4 review: A great, but imperfect, self-cleaning litter box

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2023 behindthescreen.fr - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.