What is FundApps?
MONITOR IT. REPORT IT. GOOD PEOPLE, GOOD BUSINESS, GOOD ETHICS. GOOD, RESPONSIBLE, AND ETHICAL – that’s FundApps in a nutshell. This innovative software in the SaaS space is built to future-proof compliance monitoring and regulatory reporting. FundApps is all about keeping an eye on the industry’s staggering US$20trn (and growing) in AuM, ensuring that the global compliance community stays on top of its game. Rooted in years of industry experience dating back to 2010, the company emerged from the very challenges that plagued manual compliance processes. FundApps represents a breakthrough in providing automated regulatory compliance, ensuring transparency through detailed audit trails and XML file generation. Casual yet staunch in its mission, FundApps has become a trusted partner in the world of asset management and regulatory technology.
Main Benefits
- B Corp Certification: FundApps became the first UK-headquartered SaaS company to achieve this in December 2018.
- AuM Coverage: Services monitoring the industry’s most active global compliance community, managing over US$19tn in AuM.
- Innovative Reporting: Automated AIFMD Annex IV reporting solution that streamlines complex compliance reporting.
- Industry Expertise: Founded by financial industry veterans who witnessed the pitfalls of manual compliance processes.
- Global Reach: Offices in London, New York, and Singapore ensure a worldwide operational footprint.
Latest Innovations
Among its many forward-thinking solutions, one of FundApps’ latest highlights is the launch of the AIFMD Annex IV reporting solution. This tool automates a complex reporting process for alternative investment managers. It improves efficiency, reduces errors, and provides full transparency with reliable audit trails. The approach sounds technical, but it’s all about easing those burning questions on compliance monitoring – the kind that might otherwise be too small to worry about. There’s a friendly nod towards addressing every detail because no compliance query is too trivial, and every piece of data counts.
Commitment to Ethical Standards
FundApps champions a strong ethos of ethical business practices. The company’s promise is encapsulated in its motto: “Monitor it. Report it. Good People, Good Business, Good Ethics.” Holding a B Corp certification since December 2018 is a powerful testament to its commitment to social and environmental performance. This responsibility drives FundApps to maintain transparency, accountability, and a clear focus on creating a healthy environment for both people and the planet. The emphasis on ethics and positive change reinforces the idea that regulatory compliance needn’t be a dry and dusty subject—it can also be a force for good.
Operational Footprint
FundApps’ reach is as robust as its reputation. The company’s operational base spreads across key financial hubs. In London, the office is located on the 18th Floor at HYLO, 105 Bunhill Row, London, EC1Y 8LZ; in New York, it occupies a prime location at 276 5th Ave, Suite 808; while in Singapore, the office can be found at #13-135, 71 Robinson Road. Each location boasts dedicated teams who manage extensive partner networks including aosphere, Broadridge, Enfusion, Simcorp, FIA Tech, LSEG (formerly Refinitiv), and EDI. It is this network that empowers the company to solve the most challenging compliance dilemmas while ensuring operational efficiency around the globe.
Historical Roots and the FundApps Difference
The story behind FundApps is as fascinating as it is practical. Before the official birth of FundApps in 2010, founders in the heart of the financial industry saw firsthand the drawbacks of manual regulatory monitoring. The persistent reliance on outdated methods resulted in inconsistent outcomes, exorbitant operating costs, regulatory fines, and reputational damage within the industry. From these challenges rose a new standard—a solution that not only addresses these systemic issues but does so with a conscious commitment to people, planet, and positive change. The FundApps difference is further underlined by its innovative technological solutions and its supportive, compliance-focused global community.
Project Impact
- SDG 8 – Decent Work and Economic Growth: By streamlining regulatory reporting, FundApps boosts operational efficiency and supports sustainable business practices.
- SDG 9 – Industry, Innovation and Infrastructure: The automated regulatory solutions drive innovation in compliance technology and strengthen industry standards.
- SDG 12 – Responsible Consumption and Production: Commitment to transparency and accountability ensures that resources are used responsibly and efficiently.
- SDG 13 – Climate Action: Ethical practices and sustainable operational strategies set a benchmark for eco-friendly business conduct.
- SDG 16 – Peace, Justice and Strong Institutions: By enhancing compliance and promoting regulatory integrity, FundApps contributes to strong, fair institutions worldwide.
Global Compliance Community
With a focus on supporting one of the world’s most active and happy compliance communities, FundApps successfully intertwines technology and regulatory expertise. The commitment to design software that is both comprehensive and intuitive resonates deeply with asset managers who operate in a high-stakes environment. A blend of historical insight and modern technology informs every solution, ensuring that even the smallest compliance doubts are met with expert guidance. With a global reach and dedication to excellence, FundApps continues to push the boundaries of what compliance monitoring and regulatory reporting can achieve. Casual yet deliberate, the voice of FundApps remains in tune with the fast-moving demands of the financial world, encouraging continuous progress and steadfast adherence to ethical standards.
