SFC Type 9 · Asset managers
The whole middle office for a Type 9 firm.
You look after client money held at banks. You have eight Core Functions, a small team, and an SFC that expects all eight to be covered.
LiveFour Type 9 firms run on TAC today.
Today
What asset managers still do by hand.
01Statements from five banks in five layouts, matched up in spreadsheets.
02Fee invoices built by hand each quarter.
03Compliance checks run on a sample, when there is time.
04One person is in charge of four Core Functions.
With TAC