Meeting regulatory obligations is only part of the challenge. Firms also need reporting processes that can scale and adapt as rules and business needs evolve. We helped this client transition from a rigid service model to a more responsive and flexible solution, leaving them better positioned for future regulatory change.
Following a recent acquisition, the client was managing significantly greater scale and complexity. Its existing provider was unable to keep up, with service levels declining and errors becoming an increasing concern.
Embarking on significant evolution with CCI, AIFMD 2, SFDR 2 all on the horizon, the client needed more than a vendor to support individual reporting requirements. It was looking for a strategic partner that could strengthen fund reporting and regulatory operations, support integration during a period of organisational change, and provide confidence as new requirements emerged.
Broadridge stood out not only for the breadth of our platform, but for the depth of expertise behind it. The solution combined automated document production and distribution with specialist regulatory support, helping the client manage a wide range of reporting and disclosure requirements across markets.
his included support for:
Just as important as the technology was the way the team worked. During the proposal process, Broadridge demonstrated a practical, collaborative approach through workshops and working sessions, showing how we could:
Broadridge helped the client strengthen the reliability and efficiency of its regulatory reporting operations. This was demonstrated early in the annual UCITS KIID refresh, which was completed two days ahead of deadline despite coinciding with the client onboarding. Compared with the client’s previous provider, this represented a significant improvement in both delivery and operational pressure.
The partnership has also improved service quality and reduced the risk of reporting errors across the client’s wider operating model, supporting smoother workflows for both the firm and its underlying asset managers.
Looking ahead, the client is better positioned to prepare for future regulatory requirements, including the transition to the UK’s CCI regime. Broadridge is supporting the firm as it considers the potential to move early on CCI disclosures ahead of a future UCITS KIID refresh cycle.
The success of the engagement has also opened the door to broader conversations around other Broadridge buy-side solutions.
Key Terms
AIF - Alternative Investment Fund
AIFMD - Alternative Investment Fund Managers Directive
CCI - Consumer Composite Investments
CSSF - Commission de Surveillance du Secteur Financier
CRD - Capital Requirements Directive
EBA - European Banking Authority
EFRAG - European Financial Reporting Advisory Group
ESG - Environmental, Social and Governance
ESMA - European Securities and Markets Authority
ESRS - European Sustainability Reporting Standards
FCA - Financial Conduct Authority
MiFID - Markets in Financial Instruments Directive
PRA - Prudential Regulation Authority
RIS - Retail Investment Strategy
SFDR - Sustainable Finance Disclosure Regulation
SM&CR - Senior Managers and Certification Regime
UCITS - Undertakings for Collective Investment in Transferable Securities