FundApps is creating a global standard for how the investment industry discloses beneficial ownership / economic interests in companies.
Word documents, Excel sheets, PDFs and even filling in Web forms is legacy technology, the future is API-based filing so that regulators can process machine readable data and be able to proactively act on the received data.
By agreeing on a global standard for disclosure of economic interests, the industry can concentrate on generating alpha and let all the regulatory reporting be taken care of by technology.
To validate an example file go to https://www.jsonschemavalidator.net/ and paste the specification in the left window. Paste any example file in the right window.