Challenges facing ManCos – more regulations, more regulatory change, and more scrutiny than ever before (Part 1)
The pressure is rising on the ManCo industry – Management Companies (ManCos) are dealing with more regulations, and more regulatory change than ever before. This constant churning of regulatory change, coupled with increased scrutiny from regulators has led to a complex, pressured regulatory environment.
However, this increased scrutiny is not the only challenge facing Mancos!
The use of ManCoTech – technology that automates ManCo compliance processes – has the power to address many of the below challenges facing ManCos.
Challenges facing ManCos
While there are also costs and challenges associated with implementing ManCoTech, used well, it has the potential to:
In a world of ever-increasing compliance demands, firms with a clear understanding of ManCoTech, its potential benefits, and how to implement it effectively, have an opportunity to gain an advantage in terms of costs, risks and revenues.
The Funds-Axis ManCoTech platform enables Management Companies to replace legacy systems with next generation technology providing greater efficiencies on a daily basis.
Our user-friendly ManCoTech solution provides Management companies on one flexible and scalable online platform with:
Our ManCoTech also provides ManCos with the agility to meet current and future regulatory requirements across multiple jurisdictions on a single platform.
If you have any questions or concerns about implementing ManCoTech, or would like to learn more about our solution, contact us today.