Asset and Wealth Management in Ireland

In this dynamic and increasingly volatile world, asset and wealth managers — as well as asset servicers — need to move fast with confidence. To help them do that, we are investing heavily in our digital solutions so that our asset and wealth management clients can solve faster and solve more by putting their treasure trove of data to work. Our human-led, tech-powered solutions tailored specifically for the asset and wealth management industry can help you better understand your business and markets, and prepare for the uncertainty ahead.

Speed. Quality. Insights. Team.

At PwC, we understand the critical priorities driving the asset and wealth management industry. Our tailored solutions focus on speed, quality, insights and teamwork to help you stay ahead in a dynamic market.

Speed
Quality
Insights
Team

Speed

The business world is evolving at breakneck speed and those who don’t move quickly are often left behind. Speed is therefore of the essence, not least in the asset and wealth management industry. Our data-first approach to business, coupled with our leading edge technology, provides insights into your business and industry through bespoke solutions.

Quality

Data integrity is our calling card. Through our unique data transformation and enrichment process, we ensure that your data is robust, standardised and securely stored in our investment data platform. Ensuring data integrity at each stage of the process means that we can provide a single source of truth — a key element of our common data model — which powers our wide range of integrated solutions tailored for the asset management industry.

Insights

Data on its own has limited value. When it is translated into business insights, however, it becomes invaluable. You can interpret the data from our common data platform in a way that helps you better understand your business and market in a streamlined, automated and intuitive way — all without the need to manually manipulate your data.

Team

Through our asset management digital solutions, we provide a unique combination of expertise and technology to deliver high-quality solutions and insights for our clients. Our interdepartmental approach ensures that experts in all areas of our business — audit, consulting and tax — collaborate both locally and globally to create the best solutions for you. No matter how complex the task, we always frame it in our simple mantra of ‘speed, quality, insights’.

Gather. Transform. Activate. Experience.

The world is awash with data. Our ambition is to transform yours into a single source of truth that powers actionable business insights, and free your people to focus on other, more strategic priorities in the process.

Gather
Transform
Activate
Experience

Gather

The scale of data in the asset and wealth management industry can be hard to fathom, but our data extraction tools allow us to securely gather your organisation’s data from any source and in any form, through direct feeds or other ingestion or extraction tools. This touchless, standardised and automated approach reduces time spent on manual data preparation and allows you to focus on more valuable, strategic work.

Transform

Once your data has been extracted, it is tested for consistency and quality. Through this process, data gaps and new data sets are identified, captured and standardised. The data is then transformed by enriching it with market data from third-party vendors, before being catalogued and mapped to over 550 data fields that cover all elements of the funds environment. This process provides you with a single source of truth.

Activate

We then use this data to provide a suite of solutions that include:

Manage and monitor: a streamlined and agile approach to your risk management activities.
Value and reconcile: flexible services that can integrate into your processes and help in all aspects of portfolio management.
Report and comply: cloud-based technologies to help automate high-quality shareholder reporting for key regulators and stakeholders.
Grow and transform: dynamic automated services and solutions that create an opportunity for wholesale changes to your business processes.

Experience

At the end of this automated process, you will be able to see and engage with your data in ways that are easy, useful and insightful. Our technology will help you:

See your risk exposure and operations in new, dynamic ways;
Stay up-to-date on all activities in all aspects of your business; and
Find deeper insights about your portfolios and processes.

Our goal is to help you leverage your data to power your business, leaving you free to focus on the future.

Meet the Asset and Wealth Management team

Unleashing the potential of data in your business.

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Our services

The funds industry is a continually changing landscape. We have the knowledge and experience to assist you with your audit, tax and advisory needs. We help our clients navigate regulatory complexity, deliver real value and strengthen trust and transparency in their business.

Asset Management Consulting

The asset and wealth management sector faces evolving challenges such as regulation, fee pressures and technological change. At PwC, we leverage our expertise to guide firms through these complexities. Our services include crafting tailored AI strategies, managing AI risks, and ensuring EU AI Act compliance. We support regulatory reporting for AIFMD, FVC, Form PF, and CPO-PQR.

Our digital services integrate robotic process automation, digital transformation and robust analytics. We bolster risk management and operational resilience through target operating models and process engineering. In mergers and acquisitions, we provide strategy development, deal evaluation and integration services. We also offer market entry guidance, strategic insights and operational model optimisation while our people services enhance digital HR, culture and workforce planning.

Audit Services

As Ireland’s leading funds audit practice, we prioritise audit quality. Our team of over 400 professionals collaborates with global asset managers and their funds. We are the only Big Four firm in Ireland with a dedicated Asset and Wealth Management group. By integrating an agile approach with advanced audit technology, innovative thinking and deep industry knowledge, we deliver a modern financial statement audit that builds trust in an evolving world.

To maximise internal audit effectiveness, we align with organisational objectives, risk management priorities, regulatory demands and stakeholder needs. Our support includes assessing and enhancing internal audit and risk management methodologies, addressing resourcing challenges via full outsourcing or specialist support, and developing tailored training solutions grounded in extensive market and industry expertise.

Risk Management

In a rapidly changing industry, boards of directors often require additional support to ensure effective oversight. At PwC, we provide a comprehensive suite of services to meet these needs. Our offerings include assistance with compliance and risk management frameworks, where we guide organisations in establishing robust systems to manage risks effectively. We also conduct corporate governance reviews to ensure alignment with best practices, helping boards to navigate the complexities of modern governance.

In addition, we perform evaluations of organisational effectiveness, benchmarking against industry standards to identify areas of improvement. Our tailored training programmes for directors are designed to enhance their capabilities, equipping them with the knowledge and skills necessary to lead confidently. Our expertise aids boards in strengthening their governance structures, providing the confidence required to lead effectively in a dynamic environment.

Regulatory Advisory

Asset and wealth management firms face constant regulatory changes, increasing demands and costs. We provide guidance to ensure compliance and understand the impact on your business. Our services include advising on regulatory obligations, assurance on policies and controls, assistance with Central Bank of Ireland authorisations, remediation support, and a regulation watch service.

Attestation Reporting

With rising outsourcing, bridging the trust gap with third parties is crucial. Attestation reports like SOC 1, SOC 2 or ISAE 3402 demonstrate controls that safeguard client data. These reports are essential for ensuring operational resilience and compliance with regulations like the Digital Operational Resilience Act (DORA). We guide you in selecting the appropriate framework and conduct thorough attestation engagements. You can rely on our expertise to build trust, enhance efficiency and meet compliance deadlines.

Tax Consulting

Our team of 100 tax professionals offers comprehensive support for asset management firms navigating a complex global tax environment. We specialise in international and local tax issues across traditional, alternative and real estate asset classes. Our services include structuring investment vehicles, managing portfolio tax risk and conducting investment due diligence.

We provide advice on international distribution tax considerations, European investor reporting and corporation tax, including transfer pricing. We are experts in the OECD’s Pillar Two initiative and offer strategies to navigate its impact. Our VAT services focus on fee structuring and recovery, ensuring tax efficiency. We also provide tax compliance and reporting support, including FATCA and CRS, and assist with tax governance and interactions with Irish Revenue.

Managed Services

The sector is facing unprecedented operational challenges as it prepares to deliver ambitious transformation and growth plans while complying with increasing regulation and fee pressure. Against the backdrop of this environment, our managed services allow firms to focus on strategic growth by entrusting operations to us. We run so you can accelerate your business.

Using data-driven insights and strategies to simplify complexities and boost efficiency, our team combines technology with industry expertise to deliver our proprietary solutions with strategic alliances, to streamline data processing, automate reporting, leading to enhanced decision-making. We offer comprehensive services, from strategy to delivery, integrating technology and building in-house capabilities for success. Our key offerings include financial statement preparation, regulatory reporting, tax compliance, financial crime compliance (AML/KYC), third-party risk management and corporate managed services in finance, HR and procurement.

ESG Strategy

Navigating environmental, social and governance (ESG) considerations is increasingly complex, with businesses needing to comply with regulations, manage risks and capture essential data. In the asset and wealth management industry, critical areas of focus include the Corporate Sustainability Reporting Directive (CSRD) and the Sustainable Finance Disclosure Regulation (SFDR).

At PwC, we leverage intelligent technologies, deep industry expertise and our global network to help clients meet regulatory requirements, consumer expectations and investor demands. Our comprehensive ESG services ensure your business remains compliant, resilient and aligned with sustainable practices. We provide guidance on implementing effective ESG strategies that not only meet current obligations but also position your firm for future growth in a sustainability-driven market.

Accounting Advisory

Our Capital Markets and Accounting Advisory Services (CMAAS) offer specialised support for the asset and wealth management sector. Our team provides technical accounting advice under FRS 101, FRS 102 or IFRS for complex transactions and GAAP conversions. We assist with structuring and restructuring entities for optimal financial alignment and compliance, and handle declarations of solvency for members’ voluntary liquidations and capital reductions.

We conduct client asset and investor money examinations, offering assurance on safeguarding arrangements. Our advisory services help address risks identified by the Central Bank of Ireland. Our expertise ensures your business remains compliant and strategically positioned within a dynamic regulatory landscape.