7 May 2024

Unlocking Efficiency: Kneip’s DataGlide Revolutionizes Transaction Cost Calculations

Tick-Tock: The Countdown to Full PRIIPS Methodology

The clock is ticking, and asset managers worldwide must gear up for a significant transition by December 31, 2024: the adoption of the Full PRIIPS methodology. As the deadline looms, there’s no room for delay. Robust processes must be in place to source arrival prices over the historical three years. But fear not—Kneip has your back.

Introducing DataGlide: Your Solution for Streamlined Transaction Cost Calculations

At Kneip, we understand the complexities of transaction cost calculations. That’s why we’ve developed DataGlide, a cutting-edge data platform that transforms the way asset managers handle transaction costs. Let’s dive into the key benefits:

  1. Flexible Data Ingestion

DataGlide seamlessly ingests data from multiple sources—whether it’s your Fund Administrator, external data providers, or client files. Say goodbye to manual data wrangling; our platform handles it all. Additionally, you can load data via various sources such as e-mail, SFTP, and more, without any required templates—our format is completely free-form!

  1. Automated Spread Collection

No more chasing after fixed spread rates! DataGlide automatically collects the AFG rates monthly, ensuring accuracy and efficiency. Alternatively, clients can provide their own custom spread rates.

  1. Comprehensive Arrival Prices Coverage

Thanks to our full integration and efficient waterfall approach with arrival price data providers, DataGlide offers high coverage of arrival prices across various asset types. Say hello to reliable data.

  1. Tailored Customization

Every fund, every regulation—DataGlide adapts. Customize setups per fund, per regulation, and per your unique requirements. It’s your solution, your way.

  1. Transaction costs under different context

DataGlide supports PRIIPs compliance under both EU and UK regimes. Plus, it seamlessly integrates with Mifid ex-ante and ex-post, as well as DCWP.

  1. Indirect Cost Calculations Made Easy

Embedded with our Data Collection Service, DataGlide simplifies indirect cost calculations. No more guesswork; just accurate results.

  1. Anti-Dilution Levy Integration

DataGlide considers Anti-Dilution Levy (ADL) data from various sources and formats (ex: accounting extracts). It’s all about comprehensive integration.

  1. Automated Controls and Thresholds

Catch outliers effortlessly. DataGlide sets up automated controls and threshold definitions, ensuring exceptions are promptly addressed.

  1. Streamlined Review Process

Focus on high-value tasks. Our efficient review process prioritizes exceptions, speeding up the overall review cycle. Batch validation? We’ve got you covered.

  1. Transparency at Every Step

DataGlide ensures transparency throughout the platform. Validation files facilitate the review process, making it a breeze for your team.

  1. Reporting Made Seamless

Fully embedded with our reporting tool, DataGlide validates results and seamlessly pushes them to final reports: PRIIPs KID, EPT, EMT, DCPT and FVPT.

12. Regulatory Compliance Assurance

At Kneip, we take regulatory compliance seriously. With DataGlide, you’re not just getting a transaction cost calculation tool; you’re getting a partner that ensures adherence to the latest regulations.

Don’t Wait—Glide with DataGlide!

The future of transaction cost calculations is here. Say goodbye to manual headaches and hello to efficiency. With DataGlide, Kneip empowers asset managers to thrive in a data-driven world. So, let’s glide together toward success! 🚀📊


Press enter or esc to cancel