A recent market development which has been causing considerable discussion is the UCITS IV Key Investor Information Document
). Factbook have created an end-to-end solution
in Factbook KIID™ that effortlessly
assembles and incorporates market and in-house data to deliver CESR “KIID essential elements”
. The service handles production and dissemination with ease
and produces print ready KIIDs
in multiple languages
giving you one less thing to worry about.
Productions can be automatically scheduled
in advance or on an ad-hoc basis, easily allowing re-runs for material changes. Integrated dissemination tools
automatically dispatch single, grouped or multiple KIIDs to several locations simultaneously, further reducing your time to market. Factbook’s integrated workflow
and custom alerts keep you abreast and up to date on the entire production process in real time
. Senior management supervision is equally as robust with the built-in dashboard
giving management immediate access to visual indicators of progress / points of data failure.
Advanced data management
handling capabilities mean the system can alert users, in advance, of likely material changes which may affect your KIID production calendar. The solution automatically calculates and monitors the Synthetic Risk Return Indicator (SRRI)
score attributable to each fund or share class; it not only logs the results for future auditing (as per CESR guidelines
) but also provides notification of changes to the classification of a fund. If the change is sustained for a significant period (current CESR guideline being four months) then the KIID can automatically
be reproduced in order to reflect the funds new SRRI classification.
The Factbook KIID™ solution is available immediately
, and can be set up as an enterprise
, or fully managed
(outsourced) deployment giving maximum flexibility
to match your requirements.
to arrange a demonstration of Factbook KIID™.