Morningstar has announced the launch of its Key Investor Information Document Production Platform.

Delivered through a secure web-based service, Morningstar’s KIID Production Platform provides UCITS management companies and distributors with a complete and streamlined system for the production, management, and delivery of each Key Investor Information Document. The service is available for all EU-domiciled UCITS funds in the Morningstar database.

Geoff Balzano, Chief Executive Officer, Morningstar UK commented: “The new KIID requirements represent a great leap forward in helping investors gather essential information on investments in a format that is easy to understand. They also present industry challenges around document volume production, accuracy, and timely delivery. Morningstar’s KIID Production Platform helps to meet these challenges and offers firms a robust end-to-end solution that has a proven capability to support large-scale document production. Our new service enables firms to minimise their KIID production effort, freeing their resources for the critically important areas of review and approval.”