Solutions

Compliance and Regulatory Alerts

Firms are required to perform regularly-scheduled reporting to both the SEC and to foreign regulatory bodies. In addition, hedge funds must monitor and report on ownership levels in individual entities as positions cross pre-defined, percent-of-ownership thresholds. Firms that actively trade and/or take large stakes in companies can quickly fall behind on required reporting unless they have the applications to notify the appropriate personnel on filings and to track the status of each item.

MIK Differentiator

MIK has built automated tools that enable hedge funds to streamline their required reporting to both the SEC and foreign regulatory agencies. In addition to allowing managers and traders to see their percent ownership and associated reporting threshold proximity in a real-time view, MIK has built tools for compliance officers to proactively notify and assist with ownership filings when thresholds are crossed.

Once the compliance and regulatory reporting rules have been custom built for a client:

MIK can automate recurring weekly, monthly and quarterly reporting (e.g. - 13F filings, Form SH)
Beneficial ownership levels can be monitored for most US and international regulatory bodies
CCOs and other managers in a firm can receive automated email notifications around upcoming compliance tasks and/or potential issues