CACEIS Enhances Client Services with PRIIPs Reporting via Connect Store Partnership

CACEIS Enhances Client Services with PRIIPs Reporting via Connect Store Partnership

(IN BRIEF) CACEIS has partnered with Regulatory Technology specialist AlphaOmega to offer a PRIIPs reporting service for clients of its Private Equity Real Estate Solutions business line. Available through the Connect Store, CACEIS’ online marketplace, the service provides clients with access to AlphaOmega’s expertise in producing Key Information Documents (KIDs) in compliance with the European PRIIPs regulation. This collaboration underscores CACEIS’ commitment to meeting client needs by offering innovative solutions for regulatory reporting within the private asset management sector.

(PRESS RELEASE) PARIS, 8-Mar-2024 — /EuropaWire/ — CACEIS has signed a partnership deal with Regulatory Technology specialist AlphaOmega, to provide a PRIIPs reporting service for clients of its Private Equity Real Estate Solutions business line.

The new offer is available via the Connect Store, CACEIS’ online marketplace, through which clients can access the market-leading solutions of specially-selected Fintech partners.

AlphaOmega is a Luxembourg-based firm that provides a one-stop shop for investment management firms, covering the entire fund life cycle, including fund registration, regulatory reporting and dissemination services. AlphaOmega produces over 500,000 regulatory reports annually for more than a hundred clients.

AlphaOmega generates Key Information Documents (KIDs) for CACEIS clients managing private assets. KIDs include cost and fee calculations as well as risk and performance assessments in accordance with the European PRIIPs regulation that came into force in January 2023. AlphaOmega gathers data, performs the calculations, and then generates and disseminates reports, which are also available via its own web portal.

“We are delighted that CACEIS’ clients have access to our PRIIPs solution that combines technology and regulatory expertise. Via our portal, they can now monitor the production of reports, verify the status, communicate with our teams, and then validate the resulting reports”, states Antoine Capone, CEO and founder of AlphaOmega.

“CACEIS constantly seeks to meet clients’ needs, and with AlphaOmega’s solution, our private asset clients now have access to market-leading support for their PRIIPs reporting,” states Sabine Iacono, Senior Expert – Group Digital Transformation Manager at CACEIS.

About CACEIS

CACEIS is the asset servicing banking group of Crédit Agricole and Santander dedicated to asset managers, insurance companies, pension funds, banks, private equity and real estate funds, brokers and corporate clients. Through offices across Europe, North and South America, and Asia, CACEIS offers a broad range of services covering execution, clearing, forex, securities lending, custody, depositary and fund administration, fund distribution support, middle office outsourcing and issuer services. With assets under custody of €4.7 trillion and assets under administration of €3.3 trillion, CACEIS is a European leader in asset servicing and one of the major players worldwide (figures as of 31 December 2023).
www.caceis.com

About AlphaOmega

AlphaOmega is a Luxembourg-based RegTech company founded in 2017, specialising in regulatory report production. It offers bespoke solutions and reports for clients through its DEC portal. Today, AlphaOmega produces over 500,000 regulatory reports per year for more than a hundred clients.

www.alphaomega.lu

Media Contacts:

Crédit Agricole:
Claude Michaux
Group Communications Director
Tel: +352 4767 2792
Claude.michaux@caceis.com

AlphaOmega:
Antoine CAPONE – CEO
Tel : +352 206 034 40
Email : acapone@alphaomega.lu

SOURCE: CRÉDIT AGRICOLE SA