Enterprise banks have automated a large part of their business in the last couple of years. Smaller financial institutions have experienced a cliff as they did not have the resources or budgets to create elaborate systems. They spend thousands of hours doing reportings, KYC, tailoring documents, etc.
Performativ utilizes data access directly into the banks and extracts information. Advisors and GPs get an easy and sleek way to stay compliant with the current reporting regulation – and their business. Investors/LPs have access to an interactive dashboard where they can monitor their investments and asset allocation against intelligent benchmarks.
Our system is always updated to the applicable regulation - and therefore we strive to also automate supervisory reports. We've coined this Compliance as a Service.