New York (USA) and London (UK), June, 2018— Cairn Capital, a credit asset management firm based in London, has selected OTCFin to assist them with their reporting requirements for Solvency II regulation.

Through its PATOne EDM and reporting platform, OTCFin will provide a fully integrated  solution to Cairn Capital that includes both the Solvency II calculations and the generation of the outputs in the industry-specified Tripartite format.

OTCFin’s team of regulatory reporting professionals will:

• Source and monitorall necessary fund positions data
• Perform the Solvency II calculations
• Produce the calculated outputsin Tripartite format for distribution to Cairn Capital’s clients

OTCFin’s PATOne Solvency II engine enables asset managers to process security-level data for increased accuracy in the risk calculations.  The platform has a proven track record of producing complete and timely Tripartite reports for its clients since the regulation came into effect in January 2016.

Oliver Garcia, Managing Director of OTCFin, notes: “We are extremely pleased to work with Cairn Capital.  Our Solvency II solution and data management expertise will allow us to on-board Cairn Capital Funds promptly and allow Cairn Capital to focus their time and resources on more strategic initiatives.”

OTCFin is a Financial Technology firm that provides risk and regulatory data management and reporting solutions to buy-side and sell-side clients.  Over the past 18 years, the firm has worked closely with its clients to implement enterprise-wide data and analytics integration and reporting processes on its PATOne platform, alleviating their data management burden and enabling them to focus on core business activities.  OTCFin PATOne platform helps clients centralize data and analytics from numerous and disparate sources to provide a comprehensive and systematic view of their assets to meet regulatory reporting requirements such as Solvency II, Basel, AIFMD/Form PF/OPERA and PRIIPs KID. The company has offices in New York, Barcelona, New Delhi and representatives in London, Paris and Rome.

Cairn Capital is a full-service credit asset management firm specializing in asset management and advisory services with an emphasis on the European credit market and are committed to service excellence.  As at 30 April 2018, assets under management and advice include CLOs which are managed by Cairn Loan Investments LLP. Cairn Loan Investments LLP is not an affiliate of Cairn Capital but it was established by Cairn Capital and Cairn Capital provides support services to it.