FinTech - Investment Product Documents
World's fastest, most complete and automated PRIIPs KID end-to-end service!
This software service generates required information documents that are fully in accordance with new EU laws and regulations: UCITs KIID, PRIIPs KID (investor information), MiFID-II (investor protection) a.o. The different information documents are required by law and are not marketing material, they provide important investment product information to retail investors. PRIIP stands for packaged retail and insurance-based investment products, and MiFID means markets in financial instruments directive.
Easy, Complete and Fast
We can onboard your companies within a few days if you have all necessary information readily available.
The work flow is optimised and efficient, only change information once in one single place - no duplication. For example, common fields to PRIIPs KIDs and MiFID II are corrected only once and have effect on both.
Our services generate documents (all formats) in at high speed (near instantly).
Changes to one or more documents: No problem, simply edit the relevant texts, and re-generate the wanted documents, this can take down to 1 minute for the full working process.
Document design can be adjusted to your corporate identity using .HTML standards.
The API is auto-scalable to 1 million documents, all documents produced near-instantly.
True 24/7 Services
It is multi client, multi company/umbrella, multi fund, multi subfund, multi share class, and multi marketing country, multi distributor and multi language.
Edit all static data and control PRIIPs KID and MiFID II contents through the web user interface. Earlier static data and settings are stored and always available.
There is an overlap of data fields between PRIIPs KID and MiFID II, thus our solution simplifies this workflow further by enabling both.
Automated email alerts are sent when documents must change due to market risk or performance scenario changes.
You can optionally choose specific cloud data centers, currently: Frankfurt, London, Belgium, Netherlands and Finland. The solution can also be delivered for local (in-house) installation.
PRIIPs KID Analytics
There are multiple output formats: EMT, EPT, KIID, KID, OpenFunds MIFID II and OpenFunds KID among other. You may specify your preferred output content and format.
We have the analytics for all the PRIIPs KID categories, and our calculation engine and complete document production solution are offered as a cloud-based Software as a Services (SaaS), via Application Programming Interfaces (APIs) or on-premises solution.
We provide consulting services for interpretation and understanding of regulatory requirements.
Handling of Net Asset Value (NAV) pricing history: proxy and benchmark pricing time series are automatically concatenated with NAV time series: once, simply specify the weights of each proxy/benchmark for each relevant PRIIP and the system thereafter handles the rest. Pricing data is sent/read by machines from your data sources to our online systems every day for full automatic solution.
Standards & Full Audits
Data communications and activities are logged.
The system is built on the basis of ISO currency, country, language standards, international web standards (https://www.w3.org/), programming language standards (https://www.ecma-international.org/).
Software code are in git version control repositories, automated software regression testing is utilized, several modules are run internally as separate API's, and software code documentation and IT infrastructure logging & procedures are written for super high software quality assurance.
Riskdocuments.com is also RegTech and a member of OpenFunds.org to improve the quality and efficiency in the dissemination of fund information. Our system uses the field definitions and names of OpenFunds.org, a standard among leading financial institutions.
