Country for PR: United States
Contributor: PR Newswire New York
Wednesday, December 18 2019 - 19:33
AsiaNet
CSS And aosphere Collaboration Takes Global Threshold Management To A New Level
LONDON, Dec. 18, 2019 /PRNewswire-AsiaNet/ --

Global RegTech provider Compliance Solutions Strategies (CSS) is pleased to 
announce its collaboration with aosphere LLP, an affiliate of international 
legal practice Allen & Overy. CSS will leverage the detailed legal memoranda 
and reports on global shareholder disclosure legislation contained in 
aosphere's online legal service Rulefinder Shareholder Disclosure (SD) to 
further enhance its Signal software platform, the leading rules engine solution 
for both global ownership threshold management and position limit monitoring. 

Photo - https://mma.prnewswire.com/media/1056550/aosphere.jpg 
Logo - https://mma.prnewswire.com/media/748098/CSS_Logo.jpg   

Staying informed and responding to changes in shareholding disclosure 
obligations across multiple jurisdictions is a formidable challenge facing 
global investment institutions. Since its launch in 2015 and utilizing CSS's 
own in-house team of legal experts, Signal has grown its roster of clients to 
include leading hedge funds and global asset managers in Europe and North 
America. Today, the solution addresses a breadth of requirements including 
substantial shareholding disclosure and position limit monitoring in addition 
to compliance with restrictions attached to issuer-specific limits, sensitive 
industries and takeover panels. Through CSS's collaboration with aosphere, the 
users of Signal are assured of accurate disclosure compliance and transparency, 
incorporating the most comprehensive set of legal data on shareholding 
disclosure obligations in the market and supplemented by the expertise of CSS's 
internal team.

"We're pleased to complement CSS's Signal compliance offering with our 
world-class Rulefinder service, which provides a detailed analysis of global 
reporting obligations," said Marc-Henri Chamay, Chief Executive, aosphere LLP.

Signal streamlines the investment management process, delivering immediate 
gains in scale and efficiency through the automation of portfolio monitoring 
and reporting. Deployable in the cloud through a hosted model or within a 
client's internal compliance infrastructure, users have access to a single 
platform to track all their global threshold disclosure and position limit 
requirements. Signal compares holdings to relevant regulatory and exchange 
thresholds in more than 90 jurisdictions, issues immediate alerts when action 
is required and generates pre-populated disclosure notifications for regulatory 
filing obligations. 

"Our strategic collaboration with aosphere builds upon the intellectual capital 
of our team of legal experts and significantly enhances Signal which is an 
anchor product within CSS's suite of global regulatory solutions," said John 
Lee, President, CSS. "As we make ongoing investments in the Signal platform, 
leveraging the regulatory coverage and expertise of aosphere will help 
accelerate the delivery of additional 'first-to-market' product modules in the 
coming year and beyond." 

About CSS

CSS is a global RegTech platform – driven by data and backed by service – 
providing a comprehensive set of software solutions supported by a 
highly-targeted managed service capability. CSS solutions and services are 
aligned to the multiple regulatory compliance requirements of global funds 
reporting, global transaction reporting and global threshold management. The 
company currently serves over 600 software clients in the financial services 
vertical comprising of hedge funds, traditional asset managers and fund 
administrators, including Tier-1 buy-side and sell-side institutions. CSS is 
uniquely positioned within the market in terms of its size and the breadth of 
its regulatory compliance offerings. These factors vest the company with the 
capital and product range to support the broadest possible spectrum of 
regulatory requirements, while retaining the agility to work in partnership 
with individual clients to develop and support a comprehensive and longstanding 
program of regulatory compliance on a global scale. The Company maintains a 
global footprint across both North America and Europe with customer-facing 
offices in New York, London, Dublin, Amsterdam and Stockholm. For more 
information, please visit www.compliancesolutionsstrategies.com or follow CSS 
on Twitter: @CSSregtech.

About aosphere

aosphere, an affiliate of leading international legal practice Allen & Overy 
LLP, has a client base which includes an impressive list of more than 500 of 
the world's leading investment banks, asset managers and funds. aosphere has 
expertise in key areas such as shareholding disclosure (including short 
selling), cross-border marketing restrictions, data privacy and derivatives to 
provide subscription products which help their clients to reduce legal, 
regulatory and operational risk. www.aosphere.com

CONTACT INFORMATION:
Compliance Solutions Strategies (CSS)
Natalie Silverman
646-952-2514
natalie.silverman@cssregtech.com 

SOURCE  Compliance Solutions Strategies
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