Beyond compliance: using Form PF data to drive business insight

With the compliance deadline now extended to 12 June 2025, there is a valuable window to not only prepare, but to reframe Form PF reporting as a strategic risk management tool, one that can enable deeper insight, better oversight, and faster decision-making.

Turning regulatory reporting into risk intelligence

The revised Form PF requirements (monthly GAV/NAV reporting, expanded borrowing disclosures, investor tagging, and capital flow tracking) can unlock a more dynamic risk position. But rather than treating this data as a static regulatory output, firms have an opportunity to pivot their approach and harness this data for:

Proactive liquidity risk monitoring

Monthly visibility into Gross Asset Value (GAV), (Net Asset Value) NAV, contributions and withdrawals provides a new layer of transparency into fund liquidity. And this can enable risk teams t0

• Track redemption cycles and liquidity mismatches in near real time
• Anticipate pressure points across funds and strategies
• Inform capital management decisions with timely data

In today’s market environment, early insight into liquidity dynamics is critical for investor confidence and regulatory preparedness. Together, these capabilities empower firms to strengthen their liquidity risk posture, maintain investor confidence, and proactively navigate market stress scenarios, before they escalate into systemic issues.

Enhanced leverage and counterparty risk oversight

With borrowing data now split by US and non-US sources, and greater detail required on collateral and margin, firms can build a clearer picture of:

• Leverage distribution and concentration risk
• Cross-border exposure and funding channel reliance
• Collateral sufficiency and liquidity under stress

These insights support stronger stress testing, scenario planning, and counterparty monitoring, particularly in volatile markets.

Improved risk transparency at the Board and Regulator level

As regulators place increasing emphasis on fund-level risk governance, Form PF data can serve as a foundation for:

• Consistent risk reporting to internal stakeholders and boards
• Evidence-based responses to regulatory inquiries
• Cross-comparison of risk indicators across fund structures

Chief Risk Officers/ Heads of Risk Management can elevate their governance role by translating compliance data into board-ready insights, and become strategic risk partners, reinforcing the firm’s commitment to transparency, governance, and regulatory alignment.

Better integration across risk, compliance and ops

New investor tagging and capital flow disclosures also present a chance to break down silos between functions. Risk teams can benefit from closer integration with:

• Compliance teams tracking adherence and anomalies
• Ops teams managing liquidity buffers and fund accounting
• Technology teams responsible for data architecture and analytics

This collaboration can unlock real-time dashboards, alerts, and trend analysis based on Form PF data streams, enabling the organization to act as one when responding to emerging risks and enhancing control, agility, and enterprise-wide situational awareness.

The role of technology in risk-driven reporting

Unlocking these insights depends on having the right data foundations in place, capable of supporting:

• Centralized data capture and validation across funds
• Automated feeds into risk and compliance systems
• Dashboards and visualizations for liquidity, leverage, and capital activity

With the right architecture in place, Form PF becomes more than just a reporting requirement. It becomes a strategic risk dataset that strengthens governance and drives better decisions.

Final thoughts: compliance is the floor, not the ceiling

The new Form PF requirements undoubtedly raise the bar for firms. But for CROs, it’s also a chance to unlock better, faster, and more actionable risk insights. Those who treat this as a strategic data initiative will emerge with stronger governance, tighter controls, and a sharper view of emerging risks, and drive better outcomes for their firms and their investors

Now is the time to shift the conversation from compliance to intelligence, and we’re here to help firms make that leap, simplifying and optimizing regulatory reporting with our award-winning technology.