TURN has been built to reduce regulatory costs and risks for firms while delivering improved service to investors.
About the Asset Managers Membership
Why Asset Managers Should Choose TURN?
- Industry-Driven Creation: TURN isn’t just another tool; it’s a product forged by the industry, for the industry. It resonates with the specific needs and nuances of asset managers, ensuring seamless integration and utilization.
- Inclusive Regulatory Disclosures: From its inception, TURN encapsulates:
- EMT (European MiFID Template): Integrating Consumer Duty.
- EPT (European PRIIPS Template)
- EET (European ESG Template)
- Corporate Actions: TURN’s platform facilitates firms to share consequential corporate actions data with every distributor. It captures essential events with precision, detailing event type and date.
- The TURN Advantage:
- Absolute Transparency: With TURN, clarity is a promise. Asset managers will always be informed about who accesses the data. Additionally, the system operates without any ‘black box’ mechanism, ensuring total transparency.
- Reliable Audit Trail: TURN promises integrity with an auditable system wherein the permanent record stands immutable.
- Operational Strength: Crafted for robustness, TURN pledges uninterrupted and resilient operations, even under pressure.
- Economical Solution: The platform doesn’t just deliver excellence but does so economically. For a large asset manager, the expense is only £17k/ €20k per annum, and with an added perk – it’s free until January 2026!
- Accelerated Integration:
- Zero Infrastructure Hassles: No more fretting over establishing a new operating system. TURN simplifies processes, uploading your CSV or fstp files directly, or channeling them through your existing supplier.
- Swift Onboarding: Time is invaluable. Acknowledging this, TURN ensures that onboarding is expedited, turning a usually months-long procedure into just a few days, given legal compliances.
- Issue Flagging and Resolution:
- Transparent Communication: Any issues raised are instantly visible to all distributors. Once resolved, the status gets updated, obliterating the tedious task of tracking down each distributor for updates.
- Upcoming Features:
- Fund Standing Data: An enriched database to amplify financial strategies.
- Fund Dynamic Data: Adaptive data to align with the ever-evolving market trends.
- Solvency 2 (TPT): Ensuring adherence to the latest financial standards.
If you are interested in joining the network, book a session with one of our network representatives.
Express an interest