Silverfinch strengthens data model
January 23, 2017

Silverfinch, a look-through and data distribution hub for client regulatory reporting, says it has launched new templates to its data model in response to the upcoming Key Information Document (KID) regulation for Packaged Retail Investment and Insurance Products (PRIIPs). Both the European PRIIPs Template (EPT) and the Comfort European PRIIPs Templates (CEPT) have been added to its solution.

Silverfinch says that each template has been designed to facilitate the distribution and aggregation of the data required by PRIIPs on behalf of asset managers and insurers. It says the templates can be used in conjunction with its existing Solvency II template and will be delivered in the same manner.

Managing Director John Dowdall said: "Despite the continued lack of clarity around PRIIPs, the certainty is that this regulation will be implemented in less than a year. It is vital that asset managers and insurers start to prepare for this now, to ensure their systems can cope with the additional data requirements.

"We strongly encourage investors to engage with their asset manager partners to confirm their requirements and establish the data supply chain early to feed and test the KID production. The PRIIPs regulation may still be evolving, but a united front from the industry will ensure that both asset managers and insurers will be ready when the rules are finalized."





This site, like many others, uses small files called cookies to customize your experience. Cookies appear to be blocked on this browser. Please consider allowing cookies so that you can enjoy more content across assetman.net.

How do I enable cookies in my browser?

Internet Explorer
1. Click the Tools button (or press ALT and T on the keyboard), and then click Internet Options.
2. Click the Privacy tab
3. Move the slider away from 'Block all cookies' to a setting you're comfortable with.

Firefox
1. At the top of the Firefox window, click on the Tools menu and select Options...
2. Select the Privacy panel.
3. Set Firefox will: to Use custom settings for history.
4. Make sure Accept cookies from sites is selected.

Safari Browser
1. Click Safari icon in Menu Bar
2. Click Preferences (gear icon)
3. Click Security icon
4. Accept cookies: select Radio button "only from sites I visit"

Chrome
1. Click the menu icon to the right of the address bar (looks like 3 lines)
2. Click Settings
3. Click the "Show advanced settings" tab at the bottom
4. Click the "Content settings..." button in the Privacy section
5. At the top under Cookies make sure it is set to "Allow local data to be set (recommended)"

Opera
1. Click the red O button in the upper left hand corner
2. Select Settings -> Preferences
3. Select the Advanced Tab
4. Select Cookies in the list on the left side
5. Set it to "Accept cookies" or "Accept cookies only from the sites I visit"
6. Click OK

Silverfinch, a look-through and data distribution hub for client regulatory reporting, says it has launched new templates to its data model in response to the upcoming Key Information Document (KID) regulation for Packaged Retail Investment and Insurance Products (PRIIPs). Both the European PRIIPs Template (EPT) and the Comfort European PRIIPs Templates (CEPT) have been added to its solution.

Silverfinch says that each template has been designed to facilitate the distribution and aggregation of the data required by PRIIPs on behalf of asset managers and insurers. It says the templates can be used in conjunction with its existing Solvency II template and will be delivered in the same manner.

Managing Director John Dowdall said: "Despite the continued lack of clarity around PRIIPs, the certainty is that this regulation will be implemented in less than a year. It is vital that asset managers and insurers start to prepare for this now, to ensure their systems can cope with the additional data requirements.

"We strongly encourage investors to engage with their asset manager partners to confirm their requirements and establish the data supply chain early to feed and test the KID production. The PRIIPs regulation may still be evolving, but a united front from the industry will ensure that both asset managers and insurers will be ready when the rules are finalized."



Free subscription - selected news and optional newsletter
Premium subscription
  • All latest news
  • Latest special reports
  • Your choice of newsletter timing and topics
Full-access magazine subscription
  • 7-year archive of news
  • All past special reports
  • Newsletter with your choice of timing and topics
  • Access to more content across the site