For a substantial minority, existing systems fail Form PF for a specific reason: 34.78 percent of respondents said their internal reporting systems were insufficient because the required answers demand further analysis and calculation beyond what the systems already produce.
Source quote, verbatim
Several respondents (34.78%) opined that their existing internal reporting systems were insufficient to respond to questions on Form PF because they require further analysis and calculations.
From
Wulf A. Kaal, Private Fund Disclosures Under the Dodd-Frank Act (2014), VI. Discussion and Conclusion, 1. Summary of Key Findings, p. 39 https://ssrn.com/abstract=2447306 · source PDF
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Wulf A. Kaal, Private Fund Disclosures Under the Dodd-Frank Act (2014). SSRN: https://ssrn.com/abstract=2447306
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