Market: Banks, Insurance Companies, Asset Managers
Reference regulation: PRIIPs, UCITs
Fairmat for KIDs simplifies KIDs for PRIIPs management by elaborating and monitoring quantitative indicators (SRI, performance scenarios and costs) and creating and updating the official pdf documents by managing the creation and maintenance of descriptive sections (narratives).
More than 50 issuers are now using Fairmat for KIDs (among Banks, Insurance companies and Funds) thanks to its flexibility for what concerns configuration and customization, ease of use and completeness.
Fairmat for KIDs allows to manage separate environments and different publication profiles in the same platform instance making our solution suitable for large issuers.
Fairmat for KIDs supports the archiving (as regulation requires documents to be available for 10 years) for all the KIDs that have been generated by the platform along with motivations and triggers events.
Along with the calculation of KID indicators, Fairmat for KIDs supports the importing of externally calculated KID quantitative information (MRM, CRM, SRI, performance scenarios and costs). In this case, the platform can be used for the other needed tasks (documents management, validation and monitoring workflows, document archiving).
Data needed for calculating MRM, CRM, SRI, performance scenarios and costs can be uploaded from the client’s repository or provided by Fairmat as an additional service.
The needed PRIIPs information for KID generation, as deal data, cash flows structure, and similar can be manually integrated by using the user interface, by bulk operations or by REST API which allows to execute operations on KIDs (e.g. on demand document generation) programmatically.