Machine Learning for Investment Fund Compliance has arrived! Experience Fully Automated Marketing Material Reviews in Minutes

13th February 2024

Frankfurt, Germany, 13 February 2024, Zeidler Group, a global legal and compliance firm, proudly introduces its Marketing Material Review (MMR) tool, seamlessly integrating the firm’s research-driven legal expertise with advanced machine learning capabilities. 

Trained and maintained by Zeidler’s global team of specialist investment fund lawyers, Zeidler’s proprietary Marketing Material Review tool is powered by Large Language Models. The automated Marketing Material Review tool allows fund professionals to upload various marketing materials, including factsheets, brochures, pitch presentations, and fund commentary to be meticulously scrutinized against ESMA marketing guidelines MiFID II, CBDR, ESG SDR, and SFDR regimes, and other fund documents such as PRIIPs KIDs and fund prospectuses. This ensures legal compliance and consistency and aids in meeting regulatory obligations and mitigating risks. 

Empowering Fund Compliance in Minutes 

In response to the ever-evolving landscape of global fund compliance frameworks, the Marketing Material Review tool leverages the firm’s combined centuries of in-house legal and regulatory compliance expertise and digitally native philosophy for efficient fund solutions. The MMR tool empowers fund compliance and distribution professionals to ensure adherence with the relevant laws and regulations within minutes. 

Addressing Regulatory Challenges Efficiently 

In an era where regulatory compliance is frequently viewed as resource-intensive obligation, asset managers face the challenges of navigating through various directives such as (EU) 2019/1160 (CBDF Directive), MiFID II, and ESG requirements, including the UK Sustainability Disclosure Requirements (SDR) Regime and the EU’s Sustainable Finance Disclosure Regulation (SFDR) regime 

The typical review of marketing materials in-house and by legal service providers can take days which extends the task and time to market. The MMR tool addresses these challenges by utilising LLMs to streamline the review process for marketing materials, offering a comprehensive and efficient solution. 

Key Features of the Marketing Material Review tool include: 

  1. Advanced Language Processing: Leveraging advanced state of the art Large Language Models, the MMR tool analyses fund marketing materials with unparalleled efficiency and precision, identifying compliance risks and suggesting modifications – mirroring the traditional role of a lawyer. 
  1. Fund Prospectus & PRIIPs KID Comparison: Users can cross-compare marketing materials against PRIIPs KID and fund prospectuses, ensuring alignment in minutes. 
  1. Real-Time Feedback: Enjoy near instant feedback on marketing materials, allowing for swift and proactive adjustments to ensure compliance before dissemination. Automated email notifications are sent once the analysis review is completed. With detailed feedback and clear colour-coded compliance and non-compliance analysis for user-friendly readability. 
  1. Comprehensive Audit Trail:  An in-built comprehensive audit trail meticulously records and timestamps every material’s iteration and feedback within the system, ensuring transparency and accountability. 
  1. Integration Capabilities: As part of Zeidler Swift’s proprietary digital platform, the tool seamlessly integrates into existing workflows and other products, minimising disruption while enhancing compliance efficiency. 

Client-Centric Innovation 

Zeidler Group’s commitment to innovation and excellence is exemplified through the Marketing Material Review Tool, empowering fund management companies to navigate the complex landscape of regulatory compliance with confidence. 

Arne Zeidler, CEO & Founder of Zeidler Group, said: 

Automating the process of marketing material reviews is the first step of our journey into the world of Large Language Models. We are thrilled to introduce our Marketing Material Review tool, it’s a testament to our client-centric focus and dedication to providing cutting-edge solutions that address the evolving needs of our clients and the wider funds industry.  Our MMR tool represents a significant leap forward in simplifying and enhancing the compliance review process for marketing materials, allowing our clients to navigate regulatory landscapes with precision and confidence”. 

Alexander Mercer, Head of Innovation Lab at Zeidler Group, added: 

“Our commitment to legal and compliance innovation shines through our new Large Language Model review tool, delivering accelerated fund compliance processes through integrating state of art advances in machine learning and language processing.  It further exemplifies the extraordinary hard work, dedication, and collaboration of our legal and software engineering teams.” 

Serena Goldberg, EVP of Product and Services at Zeidler Group, remarked: 

Observing the encouraging responses from our pilot clients, who have experienced an accelerated enhancement in their marketing material review procedures, ranging from initial sense checks, and detailed reviews, to prospectus comparisons. It is exceptionally gratifying to enable global and boutique fund managers to navigate the intricate regulatory compliance landscape with confidence.” 

Experience the MMR Tool in Action 

To witness the Marketing Material Review tool review marketing materials reviews in real-time, sign up for our upcoming product unveiling on Tuesday, 27 February at 3 pm GMT .

 About Zeidler Group 

Zeidler Group is a technology-driven law firm and legal and compliance services provider, revolutionising legal, regulatory, compliance, and reporting services for the asset management industry. Zeidler Group builds collaborative, strategic, and meaningful partnerships by providing innovative digital solutions and bespoke research-based legal advice and regulatory guidance. Zeidler Group’s range of asset management clients includes some of the largest and most respected names in the industry and boutique operators. The firm services more than 250 clients with aggregate assets under management above USD 1.5 trillion. 

 

 

Author

Kate Horgan