The EIOPA (European Insurance and Occupational Pensions Authority) Board of Supervisors approved the draft RTS (Regulatory Technical Standards) for PRIIPs revised by the ESA (European Banking Authority, European Insurance and Occupational Pensions Authority and European Securities and Markets Authority) on 3 February 2021.
This means that it is now increasingly likely that the required new methods for calculating the performance and transaction costs of the new PRIIP KIDs will be implemented on 1 January 2022.
Content Software anticipated this development long in advance and can therefore already offer all players the software required for PRIIP KID creation, including all the required calculation methods.
With CS Quant Engine, all risk figures, performance scenarios and transaction costs for all current and future PRIIP KIDs can be calculated safely, quickly and reliably. User-friendliness, transparency, flexibility and cost efficiency were consistently the top priorities during development. As SaaS (Software as a Service), CS Quant Engine is always and everywhere available in the cloud.
Together with the CS Legal System, which has long been established in the market, Content Software offers its customers a highly efficient system for calculating, creating, managing and distributing all required PRIIP KID documents. In this way, the entire value chain through all phases can be optimally used for one's own competitive advantage.
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