Compass - Our approach to helping you respond to AIFMD

In order to assist managers to efficiently but comprehensively prepare for Alternative Investment Fund Managers Directive (AIFMD), we have developed Compass, a web-based methodology that provides a consistent, informed and efficient approach. Compass provides a graphical representation of your gaps project management office (PMO) reporting dashboard technology to centrally map policies against the Directive’s requirements to demonstrate compliance to your key stakeholders.

The three main elements of the regulation process includes:

Gap analysis

We gather an understanding of your current operations and map against the requirements. The fund manager receives a detailed analysis of their compliance gaps against the requirements of AIFMD and gains an understanding of areas of highest impact.

Directive evidence

Fund managers can leverage PwC technology to centrally map policies against the Directive’s requirements to demonstrate compliance to key stakeholders.

Project management

For those gaps identified, we assist management in setting up a remediation plan. Implementation plans are created that assign tasks and timelines against each compliance gap. Our technology can be used to help monitor progress and report on status.

As the Level 2 of the directive is now confirmed, AIFMs and depositaries need to act now to be compliant by 22 July 2013.