NEW YORK, July 14, 2021 / PRNewswire / – Compliance Solutions Strategies (“CSS”), a leading RegTech platform providing technology solutions that enable financial services companies to meet mandatory regulatory compliance requirements, today announced an expanded collaboration with aosphere LLP, a subsidiary of Allen & Overy LLP, with the full integration of a range of market data services offered by aosphere into the CSS Investment Monitoring platform.
To fully comply with shareholder disclosure obligations, investment managers need access to accurate and up-to-date market data covering various areas such as company buyouts, issuer-initiated thresholds ( generally found in a company’s articles of association) and data relating to temporary short-selling bans. .
The inclusion of Market Data Services for Shareholding Disclosure strengthens CSS’s position as a provider of world-class RegTech solutions for institutional asset managers and hedge funds, with an automated investment monitoring platform that combines uniquely unparalleled in-house regulatory expertise to the industry’s most comprehensive set. legal and related market data offered by aosphere.
“Our strategic collaboration with aosphere draws on the intellectual capital of our own team of legal and regulatory experts and significantly enhances our global investment monitoring platform,” said Doug morgan, Chairman and CEO of CSS. “Leveraging the unique capabilities of aosphere, as we do with the integration of Market Data Services, will continue to help CSS accelerate the delivery of new product functionality in the years to come. “
“The market data services we offer provide a robust solution for clients looking to comply with complex regulatory reporting rules. Providing accurate and profitable data on a consistent basis is a significant customer challenge and we are happy to work with CSS to deliver this service to We know how important it is for customers to be able to operationalize legal and regulatory content on platforms such as the CSS Investment Monitoring platform and we hope that the ability to use this market data will be a welcome development for CSS clients ”, said Claire godson, executive director at aosphere.
CSS is a trusted global RegTech partner that uniquely brings together innovative, technology-driven solutions to help financial services companies navigate a clear and strategic path through the complex and fragmented global regulatory space. Our solutions and services help businesses meet regulatory deadlines while optimizing compliance data, operations and technology. CSS covers a full range of global compliance disciplines covering fund reporting, transaction reporting, investment oversight, compliance management, compliance services and managed services with a complementary and centralized approach to strategic management regulatory data called RBOR (Regulatory Book of Record). The company currently serves more than 600 software clients in the financial services industry, including hedge funds, traditional asset managers and fund administrators, including buy-side and sell-side Tier 1 institutions. CSS maintains a global footprint through both North America and Europe with client-oriented offices in new York, London, Dublin, Amsterdam and Stockholm. For more information on CSS, please visit: www.cssregtech.com.
About aosphere LLP:
aosphere LLP, a subsidiary of international law firm Allen & Overy LLP, has a client base that includes an impressive list of more than 500 of the world’s leading investment banks, asset managers and funds. aosphere has expertise in key areas such as shareholder disclosure (including short selling), cross-border marketing restrictions, data privacy and derivatives to provide subscription products that help their clients to reduce legal, regulatory and operational risks. www.aosphere.com
SOURCE Compliance Solutions Strategies