About Kaya Capital
Kaya Capital was founded by and for a number of families. Since 2005 they have been helping families map out and manage
their assets. They offer their service to several other family offices. In addition to family offices, they facilitate
foundations and pension funds, too. Kaya Capital offers a simple yet efficient investment solution aimed at achieving
the best long-term return for the risk taken. They have 3 Alternative Investment Funds (AIFs) under management for which
they report half-yearly.
Via the sister company Kaya Fund Services they also provide fund administration for third parties (10 light funds), for
which they report yearly. For this case, we spoke to Kees Harteveld, Fund Manager at Kaya Capital.
The AIFMD Annex IV reporting challenge
The coherence between all the fields combined with the endless possibilities of the XML format makes the XML conversion
for AIFMD Annex IV reporting challenging, according to Harteveld.
“It would take me about two weeks to get the AIFMD reporting XML right.”
First, he researched how he could build a tool himself. Although Harteveld would be able to solve the challenge by
himself, it would take him too much effort to do it. Harteveld isn’t able to charge his clients that amount of money for
the Annex IV reporting service. Therefore, he had to come up with a solution.
Matterhorn’s AIFMD Annex IV reporting template made Harteveld’s reporting process simple and fast. He linked his data to
the Annex IV reporting template and was surprised by the data validation during import. The explanation included with
the template was clear. Harteveld reduced the risk of errors because the fields in Annex IV reporting template are
validated. According to Harteveld, the conversion to XML for AIFMD reporting is done with a few clicks.
The Annex IV reporting template from Matterhorn made Harteveld’s process efficient and cost-effective.
“They offer an efficient standalone solution, and compared to their competitors, at a very reasonable price point.”
Ultimately, Harteveld managed to save time and money with Matterhorn’s AIFMD reporting software.
“Since there are always a few clients that are late in delivering their numbers, time is of the essence. With
Matterhorn’s AIFMD reporting software we benefit from a fast process turnaround time. There is less risk of errors, and
the communication with Tijs (CTO) has always been very direct.”