Case Study: Financial Conduct Authority achieves AIFMD compliance and regulatory efficiency with Sopra Steria

Financial Conduct Authority schedules 1,600 firm submissions with Sopra Steria

Sopra Steria provided application development services to the Financial Conduct Authority (FCA), the UK's largest financial regulator. The FCA faced the challenge of implementing the complex Alternative Investment Fund Managers Directive (AIFMD) within a short, fixed legislative deadline, a requirement affecting 1,600 financial firms.

Sopra Steria worked in partnership with the FCA, using a flexible engagement model to translate the regulation into a workable solution. Through collaborative workshops and analytical tools, they helped scope a portfolio of projects. This approach enabled the FCA to fully operate under AIFMD, successfully schedule submissions from 1,600 investment firms, and record all regulatory decisions, all while retaining control and avoiding project delays.

Financial Conduct Authority