NPC23 Compliance with NeoXam Impress | Trusted Fund Reporting
Meet NPC23 Compliance Head-On: Powered by NeoXam Impress + GP
NPC23 — A Regulatory Turning Point for Fund Reporting
Since October 1, 2023, asset managers in France are mandated to comply with the revised ANC regulations (2020-07, updated by 2022-03). These regulations significantly alter how annual reports—balance sheets, income statements, and annexes—are structured and presented for UCITS and AIFs. By March 2024, asset management firms were expected to have transitioned to these new formats, which come with stricter standards for classification, formatting, and data reliability. This shift marks a broader transformation in financial reporting, moving from static, accounting-centric outputs to dynamic, standardized, and audit-friendly processes.
Meet the Duo That Simplifies NPC23
At NeoXam, we knew this wasn’t a patchwork job. So we didn’t just “update” our systems—we built a full-stack solution that combines NeoXam Impress and GP.
Impress — From Numbers to Narrative
Impress is where data becomes a clear, compliant, and compelling report. It helps transform structured and unstructured information into high-quality documents that tick every regulatory box—and do it fast.
- Over 2,500 funds already trust Impress to produce their NPC23-ready reports.
NeoXam GP — A Future-Proof Core
The GP platform has been enhanced with everything you need for NPC23 compliance:
- New accounting, valuation, and position engines.
- Smart migration tools to help you transition smoothly.
What Makes Impress
Different?
Impress is modular, which means you only use what you need. All of it integrates seamlessly with GP through a native connector.
Impress Data Management
Impress Analytics
Impress Production Management
Impress Templating
Impress Auth
Platform Advantages for Operations and Strategy
We designed Impress with business users in mind. Here’s how it works in your favor:
Fast Setup, Easy Changes
- Configure calculations and templates without calling in developers.
- Add new data sources or formats on the fly.
- Reduce time-to-market when regulations change (and they will).
Built to Grow with You
- Plug in extra data like ESG metrics, fees, or commissions.
- Expand across jurisdictions or reporting types—without starting from scratch.
- Use one platform for everything from client-facing reports to periodic regulatory filings.
Peace of Mind for Operations
- Visual workflows to track every step.
- SLA dashboards to help you hit deadlines.
- Automation that cuts errors and improves quality.
- Direct output to regulatory portals like CSFF and BDF.
Ready to Make NPC23 Easier?
Regulatory reporting doesn’t need to be overwhelming. With GP and Impress, NeoXam gives you a clear path forward—so you can stay compliant, reduce risk, and focus on what matters.
Let’s take the next step—together.
What is NPC23 and why does it matter?
NPC23 is the updated regulation based on ANC 2020-07 and 2022-03 that defines how French UCITS and AIFs must produce their annual financial reports. It mandates standardized formats, greater transparency, and increased data reliability.
What types of reports can Impress generate?
Impress supports the production of all regulatory reports required under NPC23, including balance sheets, income statements, annexes, and XML submissions. It also covers periodic documents and SFTR annexes.
How does NeoXam GP help with NPC23 compliance?
NeoXam GP has been upgraded to include new engines for accounting, valuation, and positions that align with NPC23 requirements. It also includes tools for migrating your data smoothly to the new reporting format.
Can I customize the reports and workflows?
Absolutely. Impress is modular and customizable. You can adjust calculations, templates, workflows, and even add ESG or non-financial data without changing your core accounting systems.
What are the benefits of using NeoXam Impress and GP together for French fund reporting compliance?
Using NeoXam Impress and GP together ensures a seamless flow from accounting to final report delivery. This integration boosts data accuracy, simplifies regulatory transitions, enhances operational efficiency, and provides full coverage of all NPC23 reporting requirements.
Ready to Take Control of Your Data?
Unlock the full potential of your investment data with NeoXam IDS. Book a personalized consultation to see how we can transform your data strategy today.