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FactSet Integrates KIDs for PRIIPs Solution with the Avaloq Banking Suite, Helping Clients with Regulatory Compliance

November 6, 2017

Banking software and service provider Avaloq and FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services, have announced that they have formed a strategic alliance to help clients comply with Packaged Retail and Insurance-based Investment Products (PRIIPs) requirements. Through a software integration, Avaloq clients can now use a standard adapter via the Avaloq Banking Suite to receive regulatory documents and data delivered by FactSet Digital Solutions.

FactSet Digital Solutions provides digital investment solutions for retail and private banking, wealth management, online brokerage, advisory and the media based on flexible technology. It also offers comprehensive support and hosting for integrated digital services and applications. Its PrimeRDDS solution, a regulatory document and data service, now connects to the Avaloq Banking Suite, ensuring that the advisory process is compliant by providing the essential regulatory documents and data relating to PRIIPs.

Supporting Advisory Compliance Processes for Our Customers
According to Martin Unterbäumen, Senior Director of Product Management, FactSet Digital Solutions, the organizations teamed in response to client demand for a comprehensive solution that enables compliance with the PRIIPs regulation. “With the standard adapter, we provide the Avaloq community with a fully integrated solution that helps ease the burden of ensuring investment decision processes are PRIIPs compliant. We thus support our clients meeting one of the key regulatory challenges.”

For more information about FactSet’s regulatory solutions visit: https://www.factset.com/products/regulatory-solutions

About FactSet
FactSet (NYSE:FDS | NASDAQ: FDS) delivers superior analytics, service, content, and technology to help more than 88,000 users see and seize opportunity sooner. We are committed to giving investment professionals the edge to outperform, with fresh perspectives, informed insights, and the industry-leading support of our dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly ranked as one of Fortune's 100 Best Companies to Work For and a Best Workplace in the United Kingdom and France. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow on Twitter: www.twitter.com/factset.

FactSet
Media Relations Contact:
Amy Bowman
203.810.2144
Abowman@factset.com
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