Documentary / Regulatory Framework

Documentary & Regulatory Framework

IRIS Advisory helps clients navigate the growing complexity of onboarding, documentation, and compliance in the derivatives and market risk space. Our support spans negotiation, regulatory strategy, and execution readiness — with a clear focus on speed, clarity, and protecting client value.

Onboarding Strategy & Counterparty Selection

• Structure onboarding across multiple banks to reduce execution delays
• Compare KYC thresholds, documentation timelines, and institutional responsiveness
• Coordinate ISDA negotiations and associated forms to align with execution needs

ISDA Architecture Planning

• Determine optimal structuring of ISDA/CSA (e.g., fund-level vs. SPV or portco-level)
• Coordinate annexes and negotiation points (e.g., governing law, trade reporting, close-out terms)
• Align documentation strategy with hedging policy, liquidity structure, and fund governance

EMIR, MiFID II, and Dodd-Frank Compliance

• Assist with regulatory classification (e.g., FC/NFC-/NFC+ in EMIR; ECP in Dodd-Frank)
• Coordinate delegated reporting agreements when appropriate
• Ensure accuracy and timeliness of transaction reporting and documentation obligations

IRIS Advisory provides execution support and operational coordination for market risk management across funds, portfolio companies, and holding entities — ensuring consistency, transparency, and efficiency from onboarding to trade lifecycle monitoring.

KYC / Onboarding

• Centralized coordination of bank onboarding requests using standardized documentation
• Ongoing support to update and manage KYC files across counterparties
• Streamlined onboarding for new fund vehicles, SPVs, or portfolio company entities

Trade Execution Support

• Execution of FX Spot and Forward contracts for:
  • Fund-level exposures and Limited Partner capital movements
  • Underlying portfolio companies and project entities
• Delivery of post-trade documentation and execution summaries, including:
  • Ad hoc or periodic execution reports
  • Price benchmarking vs. market reference rates

Document Handling & Safe-Keeping

• Secure storage of trade documentation, including:
  • ISDAs, confirmations, Hedging Letters, and execution reports
  • Monitoring obligations and hedge-linked cash flows across time
• Document access organized by fund, deal, and counterparty

Portfolio Risk Monitoring

• Aggregated exposure mapping across currencies and interest rates at the fund level
• Monitoring of:
  • Portfolio-wide mark-to-market movements
  • Counterparty exposure across banking relationships
  • Hedging coverage ratios vs. policy targets

Valuation Services

• Delivery of regular hedge valuation reports (monthly, quarterly, or accounting period-end)
• Valuation available at:
  • Individual hedge level
  • Aggregate portfolio view (consolidated by fund, asset class, or instrument type)