Our leading Regulatory Document Production platform gives you the flexibility to scale and enhance your operational efficiencies while meeting regulatory obligations in different markets and languages. Automation allows you to focus on engaging with your customers while conveying valuable information in the form of UCITS Key Investor Information Documents (KIIDs) and PRIIPs Key Information Documents (KIDs).
We offer a flexible delivery model with the added option to completely outsource your KID/KIID production to FE fundinfo, while retaining control and compliance sign off. Contact us to discuss our Managed Service.
Transitioning from UCITS KIIDs to PRIIPs KIDs
After a number of extensions to the UCITS KIIDs exemption, all UCITS funds in the EU will need to produce PRIIPs KIDS from 1 January 2023, while those in the UK will be able to produce UCITS KIIDs until 31 December 2026. The FCA confirmed on 14 July 2022 that any EEA-domiciled UCITS marketed into the UK will need to produce both a PRIIPs KID and a UCITS KIID for retail share classes, while for non-retail share classes, EEA UCITS will be able to choose between a PRIIPs KID and a UCITS KIID.
Click here to read more on the regulation.
How we can help
Constant regulatory change and inherent market fluctuations impacting risk and reward calculations, creates significant challenges for fund managers producing and maintaining key information documents for investors.
Adopting FE fundinfo’s data and technology led automated solution for regulatory document production minimises manual handling of data and the associated risks of disparate sources of data and separate vendors.
At FE fundinfo, data is at the heart of everything we do. Our ISO accredited data processing teams check and validate requisite data as part of the collection process to ensure all static, dynamic and regulatory fund data is correct before it flows through our document production solutions.
Brand consistency drives the growth and recognition of leading global brands. Our configuration tool gives you the flexibility and control to design your key information document templates with a consistent output and in your desired format, whether in PDF or interactive HTML for greater digital engagement.
Our dedicated data and technology teams produce over 550k regulatory documents every year. Our document production expertise delivers consistent outputs configured for your unique business needs and disclosure requirements.
Our dedicated data team will help you to produce a single source of clean data, before each file is ingested into our system for further validation to ensure complete accuracy. We support the openfunds standard but also accept data from asset managers in other forms and sources.
Transaction costs need to be disclosed on a PRIIPs KID by a PRIIPs manufacturer as part of the pre-contractual and periodic disclosures under MiFID II (by distributors or discretionary portfolio managers). At FE fundinfo, we support and run both the half spread and slippage calculation methodologies.
The Summary Risk Indicator on a PRIIPs KID is designed to show the relative risk of a PRIIP, using a combination of Market Risk and Credit Risk. We monitor the SRI and will alert you when your PRIIPs KIDs must be updated and reissued following material changes, helping you stay ahead of your disclosure obligations.
We offer translations on KID/KIID documents, supporting your cross-border distribution activities across Europe.
Our workflow controlled document production platform is a web-based solution and intuitive to use.
Our secure document production platform produces an audit trail of all completed actions, offering complete transparency and compliance throughout the creation process. Published documents are also archived for 10 years allowing you to review them in the future. User permissions are controlled and managed by you to provide additional security.
Don't just take our word for it
"Our collaborative partnership with FE fundinfo allowed us to create and distribute over 55,000 PRIIPs KIDs in 22 languages so we could meet the new PRIIPS regulatory obligation on time."
Dionne Smith, Global Head of Reporting Operations, Schroders