SS&C Technologies Holdings has announced that TIFF Investment Management, a leading provider of custom advice and investment solutions for nonprofit organisations and other institutional clients, has expanded its relationship with SS&C to include Form PF reporting.
The investment advisory firm will outsource Form PF reporting to SS&C for all of TIFF’s 40 + private funds subject to compliance with the regulation. This expansion comes at a critical time, as the SEC has introduced new and more stringent Form PF reporting requirements, increasing the complexity and urgency for private fund managers to ensure compliance. TIFF also leverages SS&C for tax services and manager research management.
“Form PF regulations are changing quickly, and we wanted to partner with an expert provider to ensure we stay ahead of the curve,” said Christian Szautner, TIFF’s Chief Compliance Officer. “SS&C has been a leader in Form PF compliance for years, coupling end-to-end compliance management technology with expert support. We look forward to working with SS&C to meet our regulatory obligations to the highest possible standard.”
SS&C’s comprehensive solution for Form PF compliance includes:
- Up-to-date explanation of the data required
- Data mapping and aggregation
- Validated Regulatory Book of Records
- Production of reports for review
- Direct filing with the Securities and Exchange Commission (SEC)
“Form PF reporting is now more complicated than ever with the SEC’s new requirements. Private fund managers will have to collect and compile more data and dedicate more time, resources and brainpower to compliance,” said Rob Stone, General Manager of Intelligent Automation and Analytics at SS&C Technologies. “Outsourcing this work to an expert provider such as SS&C significantly reduces the regulatory compliance burden on an organisation. We look forward to supporting TIFF and other clients with this important work so they can get back to their primary business of finding alpha.”