Donnelley Financial Solutions, a provider of risk and compliance solutions, is partnering with index and analytics provider MSCI to provide a reporting solution for investment managers and fund administrators that complies with new Securities and Exchange Commission (SEC) modernisation requirements.

With the SEC’s Reporting Modernisation Rules, which go into effect on 1 June 2018, US mutual funds and other registered investment funds are required to gather more extensive information at a higher frequency – including additional reference and taxonomy data and risk metrics – to meet their monthly Form N-PORT requirements. Under the agreement, MSCI will provide financial market data and risk metrics that will feed into Donnelley Financial Solutions’ ArcFiling data platform to streamline the reporting process and help support compliance.
 
“Fund managers are facing increased reporting requirements associated with the new SEC regulations,” says Eric Johnson (pictured), President of Global Investment Markets at Donnelley Financial Solutions. “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.”
 
“As the SEC compliance deadline approaches, asset managers are finalising their implementation plans. MSCI seeks to help them establish prudent liquidity risk management practices and efficient reporting solutions,” says Jorge Mina, head of MSCI analytics. “We are excited to work with Donnelley Financial Solutions to deliver a broad offering that will help companies meet regulatory requirements more effectively.”