LMR – the Limiting Rules inspector tool is supporting design, checking and testing of investment rules. Easy implementation of rules, reliable investment checking and automatic import of daily fund data from the Mauve fund bookkeeping or other external net asset value applications as well as historic storage of this data is offered.
The sources of these rules are the Investment Fund Act (IFA – Investmentfondsgesetz 2011 – InvFG 2011) 1993 – 2011, internal rules of the KAG (asset management companies), rules drawn from the fund prospectus, fund specific and custom rules can also be applicable. LMR is based on the Banking Act (BWG) in the actual version of BGBl.141/2006 and on the Solvability Regulation related to it (SolvaV).
The application supports analyzing current and planning future strategies. It provides valuable information on investments regarding the detection of the investment limits and the risk management (commitment approach).
Enormous flexibility is offered by editing own rules while LMR can easily insert, sort, group or delete fields and display only needed data. Automatic operations like Rule Checking, Risk Management and SolvaV Calculation are performed after the investment rules were designed. In addition to general violation data (i.e. indication whether a limit was exceeded or not) the application also generates detailed reports about rules overview, which also include the cause of the violation. Furthermore each report can obviously be adapted to your Corporate Identity (i.e. colors, fonts, logo etc.)