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Unity® Prospectus

As part of the Investor Communications platform, Unity Prospectus eliminates the typesetter and automates the production of fund prospectuses, enabling you to reduce the risk and cost involved in manually creating the final, stylized prospectus documents. Producing annual statutory and summary prospectuses and making periodic updates is typically a costly and tedious manual process that is fraught with risk of errors, including errors that occur during the typesetting process.

Unity Prospectus also introduces a content library that reduces the time needed to produce a prospectus by up to 75%. Report content can be maintained once and referenced and repurposed multiple times through multiple reports, ensuring consistency and control in report and disclosure content across funds and reporting periods.

Key Benefits

  • Significantly reduces the inherent risks that a manual, multi-party, multi-system process can add to the production of timely and accurate prospectus reports
  • Leverages a library of validated content and disclosures to reduce the time needed to produce a prospectus by up to 75%
  • Offers automated, stylized content that reduces the lag time from raw content to stylized draft by 99%.

As part of the Investor Communications platform, Unity Prospectus eliminates the typesetter and automates the production of fund prospectuses, enabling you to reduce the risk and cost involved in manually creating the final, stylized prospectus documents. Producing annual statutory and summary prospectuses and making periodic updates is typically a costly and tedious manual process that is fraught with risk of errors, including errors that occur during the typesetting process.

Unity Prospectus also introduces a content library that reduces the time needed to produce a prospectus by up to 75%. Report content can be maintained once and referenced and repurposed multiple times through multiple reports, ensuring consistency and control in report and disclosure content across funds and reporting periods.

The solution lets you quickly and easily assemble disclosures for new fund launches. The content library also features an integrated controlled workflow which allows all stakeholders involved in the process to avoid unnecessary efforts and focus their review on only the updated content that is relevant to them.

For Unity® Financial Statements™ or Unity® Performance clients, Unity Prospectus allows you to source financial highlights and returns directly from your certified annual reports, ensuring there are no discrepancies in your reporting.

Features & Benefits

Unity Prospectus enables legal teams to take back control over prospectus reporting preparation by significantly reducing the inherent risks that a manual, multi-party, multi-system process can add to the production of timely and accurate prospectus reports. Through shared and controlled content and by eliminating typesetters, the risk profile of prospectus creation is dramatically reduced.

Content Control - A reusable content library allows you to update your content once and automatically apply changes to multiple sections within documents. Workflow notifications identify stale content, giving you control over when to update content and empowering you to automate the creation of the Summary Prospectus from Statutory Prospectus content, ensuring consistency in disclosures between funds of the same sponsor and between reporting periods.

Style Control - Unity Prospectus offers automated, stylized content with a 99% reduction in the lag time from raw content to stylized draft. Because the layout, format and style of your report is defined in a controlled template and automatically applied to your data, which never leaves our controlled system, you can eliminate the risk of inadvertent content changes that inevitably accompany manual typesetting.

• Blackline Control - Unity Prospectus enables all parties involved in the production and review of prospectus reports to identify, track and control changes to the stylized content. Blackline Control includes historical version control and electronic identification of change mark-ups. Unity Prospectus removes the need for the line-by-line reviews that are necessary in a manual typesetting environment

• Workflow Control - Role-based access and approvals, a robust audit trail and status indicators give you the control you need to effectively manage workflow. Most importantly, eliminating the need for a typesetter in conjunction with the easy to use workflow features means changes don't have to be the time-consuming and risky endeavor they once were.

How Unity Prospectus Works

Control the document structure - Unity Prospectus allows users to divide their prospectus into individual documents for each component. By dividing the prospectus into many underlying documents, multiple people are able to work on the various sections of a prospectus at the same time. The individual documents are then automatically recombined into a prospectus. As a result, the only content changes made during the document composition process are those initiated by the document reviewers.

Maintain content consistency - Sections of text that need to be consistent within and across one or more sections of a prospectus can be created and maintained once and then linked to multiple locations within the prospectus. Your Unity financial reporting data can be pulled directly from the Unity platform database, using the same information that was certified in your annual report. Updates to reusable content have a structured review and approval process. Once any content modifications are made and approved, a prospectus draft can automatically be generated that includes all updated content and the report is saved directly on the Unity platform.

Generate and review stylized content - With a click of a button, Unity Prospectus generates a stylized version of a prospectus and returns a print-ready PDF 99% faster than is possible with typesetter. Stylized content can be reviewed at all stages of the review cycle, either electronically or in hard copy. To maintain the integrity of the document, workflow tools prevent reviewers from directly editing the content during the review process. Documents and their content can be approved for inclusion in a final prospectus or disapproved and returned to the preparer for edits.

Edit stylized content - After a document has been reviewed, changes can be made to stylized content in minutes. As soon as a reviewer unlocks the document, authorized preparers can adjust the underlying data and regenerate content or edit the content directly within the document. After all edits are made, the document is re-locked and the stylized content is created and can be circulated for final review. All changes to the document are tracked and a blackline is presented back to the reviewer.

Prepare final Summary and Statutory Prospectuses - Once all documents have been approved, they are ready for assembly into the final prospectus. Unity Prospectus automatically combines the underlying documents into Statutory and Summary Prospectuses in both web-ready and print-ready formats.

US Funds: Filing with the SEC - Once the final print ready PDF version has been approved, Confluence can generate an XBRL version of the prospectus, the required format for filing with the SEC.