PRIIPs compliance engine · Alternative Investment Funds
KID Generation
for Alternative
Investment Funds
The EU PRIIPs Regulation requires every fund marketed to retail investors to publish a Key Information Document. The majority of funds in scope do not yet hold fully compliant documentation. Priqid's compliance engine changes that — producing defensible KIDs, keeping them current with evolving legislation, and providing a complete audit trail ready for regulatory scrutiny.
Priqid vs. traditional providers
A consultancy delivers a document.
Priqid delivers ongoing compliance.
The consultancy-led approach produces a point-in-time document. It does not monitor regulation, does not update KIDs, and does not provide the methodological transparency regulators increasingly require.
Point-in-time KID production
PriqidPurpose-built compliance engine
The compliance gap
Having a KID is not sufficient.
A fully compliant KID is what matters.
Regulators do not only verify that a document exists. They assess whether the methodology is defensible — whether the benchmarks are appropriate, whether the calculations are traceable, and whether the document reflects current regulation.
Inadequate benchmark selection
Many funds use generic or poorly matched indices. Benchmark quality directly determines the credibility of performance scenarios — and regulators scrutinise this closely.
No audit trail
When a regulator requests an explanation of how the SRI or RIY was calculated, a reference to an external consultant is not an adequate response. A traceable, documented methodology is required.
Outdated documentation
KIDs must be updated at least annually and upon any material change to fund data. Many funds do not meet this requirement. That is a breach — not an administrative oversight.
Priqid has the solutionWe watch your KIDs so you don't have to.
Every published KID is re-scanned against the latest PRIIPs rules and your fund data. Annual reviews, regulation changes, and data drift are caught before they become a breach.
KID compliance scan
Scanning…Section-by-section
- Purpose statementStandard wording, RTS Annex I template
- Product detailsName, manufacturer, regulator, website, production date present
- Comprehension alertCorrect wording where the product is not simple
- What is this product?Type, term, objectives, intended investor — all four substantive
- Risk indicator (SRI)VEV-based 1–7 score with required narrative
- Performance scenariosStress, unfavourable, moderate, favourable — proprietary calibration
- Costs & RIY1y / RHP/2 / RHP table with full RIY decomposition
- Holding period & exitRHP justified; early-exit consequences disclosed
How it works
From fund inputs to a compliant KID,
kept current for life.
Whether you need a new KID or want to put an existing one under compliance review, the flow is the same — and Priqid runs most of it.
01
You provide the fund inputs
Fund-specific details — recommended holding period, management and performance fees, structure, currency, costs. Already have a KID and want it reviewed? Upload it and Priqid will pick up the narrative automatically.
Whether the KID is new or existing, the flow from here is the same.
02
Priqid produces the KID and defence file
The calculation engine runs the Monte Carlo, scenarios and cost figures; the narrative is drafted from your inputs; the methodology and defence document is compiled alongside. Out comes a publishable, audit-ready KID.
Every figure traceable to the specific PRIIPs RTS article it derives from — no black box.
03
Priqid keeps it compliant
Once published, every KID is monitored for the annual update cycle and for regulation changes from the ESAs. When something changes, the affected KIDs are flagged, re-calculated and re-issued — you stay informed, we do the work.
Annual KID updates are a legal requirement. The engine ensures none are missed.
What's included
Compliance, end to end.
Calculation, monitoring, hosting, audit trail. Every part of what "fully compliant" actually means — handled by Priqid and ready for regulatory enquiry.
Calculation engine
10,000-path simulation built to PRIIPs RTS Annex IV, calibrated from proprietary benchmark data. Every figure traceable to the article it derives from.
Pre-publish compliance check
A rule engine validates each KID against PRIIPs requirements before it can be released. Issues are caught before investors ever see the document.
Continuous compliance monitoring
Every published KID is re-scanned against the latest PRIIPs rules and your fund data. Annual reviews and regulation changes are caught before they become a breach.
Defence file
Every KID ships with a complete methodology document. Each calculation references the specific RTS article it derives from — no black box, full auditability.
Audit log
Every change to a KID — calculation inputs, narrative, regulation update — is recorded with who, when, and what. Ready for regulatory enquiry without scrambling.
Version history
Every published KID is preserved as an immutable record. Restore prior versions on demand — annual updates produce a new version, never overwrite the audit trail.
Multiple languages
Every KID rendered in EN, DA, SV, NO and more — same calculation engine, localised output. Investors and regulators read the document in their own language.
Multi-currency with auto FX
Funds in EUR, GBP, USD, DKK and beyond — exchange rates applied automatically and refreshed on every recalculation.
KID hosting
Every KID is published at a Priqid-hosted URL. Investors, distributors and regulators reference one authoritative source — no upload to your own website, no broken links.
Get started with Priqid
Fund compliance should not depend on when a consultant was last engaged.
Priqid's compliance engine produces defensible, regulation-ready KID documentation for your fund — and maintains it as regulation evolves.
