Mon, Dec 23 2024
Fund Recs is pleased to announce that it has been chosen by Innocap, the top dedicated managed account platform in the market, to provide its SFTR and EMIR reconciliation solutions.
This partnership is evidence of Innocap's innovative use of cutting-edge technology to improve operational effectiveness and compliance initiatives.
The dual solution offered by Fund Recs has the potential to completely transform Innocap's operational procedures and data management pertaining to SFTR and EMIR. Designed to optimize efficiency and compliance, Fund Recs' platform enables Innocap to simplify their EMIR and SFTR reporting procedures, complying with regulatory requirements and freeing up critical resources to concentrate on their primary goal of providing outstanding platform management services.
The regulatory environment governing the financial sector is always changing, with new compliance issues brought about by upgrades like EMIR Refit and the advent of SFTR. Fund Recs' solutions enable Innocap to be even more prepared to take on these changes head-on. The versatility and flexibility of Fund Recs' platform guarantee that Innocap easily maintains compliance by staying in line with both present and future regulatory frameworks.
"Using Fund Recs for our EMIR and SFTR reconciliation needs strengthens our compliance infrastructure and ensures we're equipped to handle the complexities of today's regulatory environment," said Andrew Savino, Chief Risk Officer at Innocap. We have been able to concentrate more on the implementation of our regulatory data operations plan thanks to Fund Recs's subject matter expertise and help regarding EMIR and SFTR."
With great enthusiasm, Fund Recs CEO Alan Meaney said, "We're delighted to support Innocap with our EMIR and SFTR reconciliation solutions." This partnership demonstrates our dedication to offering complete compliance support. We are eager to collaborate closely with Innocap and support them as they confidently and effectively traverse the regulatory environment.
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