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 constant change, with challenges like increased regulation, fee pressures and rapid technological advancements. At PwC, we use our industry knowledge and expertise in technology, digital transformation, data analytics, risk management and strategy to guide firms through these challenges.

Our specialised services include developing Generative AI (GenAI) strategies, managing AI risks, piloting use cases, complying with the EU AI Act, and conducting prompt engineering bootcamps. We also assist with fund regulatory reporting, covering AIFMD, FVC, Form PF and CPO-PQR compliance.

In digital and technology, we offer robotic process automation (RPA) implementation, digital transformation, analytics, information management and security services. Our risk management and operational resilience services help firms mitigate risks and build strong operations. We enhance operational excellence through target operating models, process engineering and outsourcing strategies.

For mergers and acquisitions, we provide strategy development, deal evaluation and integration optimisation. We also support business strategy with market entry, service evaluation, Brexit strategy and client onboarding while our people and talent services focus on digital HR, organisational culture, talent optimisation and workforce planning.

Audit services

External audit services

Audit quality is our top priority. As Ireland’s leading funds audit practice, we have over 400 professionals collaborating 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 blending an agile approach with advanced audit technology, innovative thinking and deep industry knowledge, we design and implement a modern financial statement audit that builds trust in a changing world.

Internal audit services

Maximising internal audit effectiveness requires understanding organisational objectives, risk management priorities, regulatory environments and stakeholder needs. We can help by:

assessing and enhancing your internal audit and risk management methodologies;
solving resourcing challenges through full outsourcing or specialist support; and
developing customised training solutions based on extensive market and industry knowledge.

Governance and risk management

The rapid pace of industry change means boards of directors often require additional support and reassurance for the companies they oversee. We offer a comprehensive suite of services to meet these needs, including:

assistance with compliance and risk management frameworks;
corporate governance reviews to ensure best practices;
evaluations of organisational effectiveness, including benchmarking; and
tailored training programmes for directors.

Our expertise helps boards navigate complexities and enhance their governance structures, providing the confidence needed to lead effectively in a dynamic environment.

Regulatory advisory

In an industry marked by constant regulatory change, asset and wealth management firms must adapt swiftly. Increased regulations and associated costs place additional demands on these firms. We offer clear guidance to ensure compliance and help you understand the impact of regulations on your business, people and processes. Our services include:

advice on regulatory obligations;
assurance on regulatory policies, procedures and controls;
assistance with Central Bank of Ireland regulatory authorisations;
support for regulatory remediation; and
regulation watch service.

Attestation reporting

Clients of your fund administrator, transfer agency, custodian or investment manager business may request attestation reports such as SOC 1, SOC 2, or ISAE 3402. As reliance on outsourcing grows, so does the need to bridge the trust gap with third parties. More customers, business partners and regulators are demanding transparency in data protection practices.

Attestation reports, including SOC reporting, help build trust by demonstrating that appropriate controls are in place to safeguard financial and sensitive client data. These reports are essential for ensuring operational resilience and compliance with regulations like the Digital Operational Resilience Act (DORA).

We can assist you in selecting the right reporting framework for your business and performing comprehensive attestation engagements. Leverage our expertise to drive trust, increase efficiencies and meet compliance requirements.

Tax consulting

Asset management firms navigate a complex global tax environment. Our dedicated team of 100 asset and wealth management tax professionals focus on both international and local tax issues. Our expertise spans traditional, alternative and real estate asset classes, ensuring comprehensive support for your operations in Ireland and beyond. Our services include:

structuring investment vehicles tailored to investor and portfolio profiles;
managing portfolio tax risk across global investments;
conducting investment due diligence;
advising on tax considerations for international distribution, including European investor tax reporting;
providing corporation tax advice, including transfer pricing for Irish operations;
assessing the impact of the OECD’s Pillar Two initiative;
offering VAT advice and support for fee structuring and VAT recovery;
delivering connected tax compliance services;
providing tax information reporting services, including FATCA and CRS; and
supporting tax governance and interactions with Irish Revenue.

Digital solutions and managed services

Our digital solutions team combines technology enablement with deep industry expertise to simplify complexity and drive efficiency. We provide data-driven insights and proven expertise to help you keep pace with technological changes and transform advice into action.

Our bespoke proprietary solutions, both local and global, revolutionise data gathering and processing. Through strategic technology alliances, we streamline operations, automate regulatory reporting and enhance decision-making processes. Our services ensure efficient business management, compliance, transparency and optimal performance.

Our offerings include:

financial statement preparation;
AIFMD Annex IV reporting;
regulatory reporting for funds and special purpose vehicles (SPVs); and
data as a service.

ESG compliance and strategy

Environmental, social and governance (ESG) considerations are complex, requiring businesses to comply with regulations, manage risks and capture essential data. In the asset and wealth management industry, we focus on critical areas such as the Corporate Sustainability Reporting Directive (CSRD) and the Sustainable Finance Disclosure Regulation (SFDR).

Leveraging our intelligent technologies, extensive knowledge and global network, we 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.

Capital markets and accounting advisory

Our Capital Markets and Accounting Advisory Services (CMAAS) for asset and wealth management features a dedicated team of specialists with significant experience in the funds industry. Our services include:

technical accounting advice under FRS101, FRS102 or IFRS for complex transactions, new accounting standards and GAAP conversions;
structuring and restructuring of entities;
declarations of solvency for members’ voluntary liquidation and capital reductions;
performance of client asset and investor money examinations;
advising or reviewing safeguarding arrangements following client asset examination findings or risk mitigation programmes from the Central Bank of Ireland.

Our expertise ensures your business stays compliant and well-positioned in a dynamic regulatory landscape.