Enrique Sacau (Kneip): The future of Fund Data

Enrique Sacau, CEO of Kneip, discusses the challenges in the fund industry and how Kneip helps asset managers to better manage their data and ensure compliance in an ever-changing regulatory environment.

Can you present your company in a few words?

 Kneip is an important actor in fund data management and reporting solutions for the asset management industry. We help our clients manage their data to the highest possible quality and ensure compliance in a changing regulatory environment. Our solutions remove complexity throughout the fund lifecycle, so our clients can reduce risks, increase distribution, control their costs and focus on what they do best: delivering returns to their investors. We have been trusted by asset managers since 1993 and today we service more than 10,000 funds in over 40 countries. In 2023, Kneip became the exclusive provider of fund data for Clearstream Fund Centre. 
 
 

“As the data quality provider par excellence, we see growth which, in turn, allows us to continue investing in technology and people, our two key assets”

 

What are the new challenges and opportunities that you identify?

 We see opportunity more than anything: the regulatory environment is ever changing, differentiation to sell more is key, and keeping our markets safe requires data quality. As the data quality provider par excellence, we see growth which, in turn, allows us to continue investing in technology and people, our two key assets. ESG has done nothing but shine a spotlight on the need for high quality data with which we help our clients grow and keep our markets safe.
   

How do you see the future of Luxembourg?

As long as we don’t become complacent, we have a bright future: decades of good work and investment in partnership between the government and the private sector have built an ecosystem which is robust and unique. We face challenges, notably to attract and retain talent. This is because, unlike other financial centers such as London or Paris, our “metropolitan” area extends beyond the borders of the country and that brings social security and tax complexity that the post-COVID work environment (where employees which to operate remotely) has exacerbated.