A recently launched data exchange has added one million key information documents a week since new disclosure rules were introduced in January.
Six Financial Information launched its platform last June, allowing the electronic exchange of regulatory data between wealth and asset managers, banks and other parties.
The volume of virtual paper uploaded has rapidly accelerated since the introduction of the EU's Packaged Retail and Insurance-based Investment Products (Priips), however.
Head of markets, product & partners at Six Phil Lynch said: 'There is a growing need for a robust regulatory platform and global network which serves all Priips data and documentation requirements in one place, through a single interface.
'The demand for Priips and other regulatory data is only going to get bigger in the coming months as regulators monitor progress. Our platform and global network will continue to expand in order to meet the wider demands of the wider industry.'
Priips is designed to make it easier for investors to compare products, with fund managers providing details on how they expect funds to perform in various market conditions.
The legislation has met with some sharp criticism, with Baillie Gifford among those describing market relative risk measures as potentially highly misleading.
James Anderson, the manager of its Scottish Mortgage Investment trust, went as far as saying he was 'extremely disturbed' by the rules.
In order to be compliant with Priips, investment firms need to provide vast amounts of data on client risk profiles and credit ratings, as well as past performance and cost allocations.
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