At the macro-level, international directives set the limits of financial ventures in the economic space. At the micro-level, funds define the investment rules that distinguish each portfolio from one another.
Staying compliant with a pool of multi-layered rules is a challenging and resource-intensive task. However, it can be automated in a simple and intuitive way. Depowise allows users to personalise the boundaries of their own lines of action. By configuring the limit checks accordingly, asset managers are able to keep the compliance on portfolio composition, holding limits, counterparty risk, and much more, always under control.
How does it work?
The Depowise Investment Limit Checking module is flexible and configurable, making it possible to setup Fund prospectus restrictions and adapt to new regulations.
The investment limit checking tool includes
- An engine where users can build, configure and schedule rules for one fund or group of funds
- A results widget – a component on the fund daily dashboard where users can see the results of executed investment limit checks. The results widget has a built-in functionality to manage exceptions in the cases where rules violations are legitimate.
As in the reconciliation module, users can add additional information in the form of Excel calculations and documents.