Case Study: a major Canadian asset manager reduces filing risk and saves time with FundApps Shareholding Disclosure

a major privately-owned asset manager cuts 13F filing time from 2-3 days to 2-3 hours with FundApps

A major Canadian asset manager, established in 1982 and managing over $59 billion in assets, was frustrated with its manual shareholding disclosure process. This time-consuming system, which involved interpreting memos and coding rules, was inefficient and increased the risk of misinterpreting regulations across the many countries it traded in. This led the firm to seek an automated solution from FundApps.

FundApps provided its automated Shareholding Disclosure service, which centralized regulatory data and rules from over 100 jurisdictions. The solution included access to a global company database and a community platform for user discussions. As a result, the asset manager significantly reduced its risk of missing a filing and achieved major time savings, such as cutting its quarterly SEC 13F filing process from 2-3 days down to just 2-3 hours. The team was also impressed with FundApps' dedicated client support, which features an average first response time of under one hour.