ENTREPRISES & STRATÉGIES — Technologies

Benoît Moulin - Domos FS

“It is essential to learn from your mistakes”



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“I wouldn’t say that it is essential to make mistakes – if you can succeed with no mistakes, I think it is wonderful!” (Photo: Domos FS)

Prior to the “Start-up Stories: Round 3” organised by the Paperjam Club and the Lhoft and sponsored by Bil on Tuesday 17 September at the House of startups, one of the startuppers, Benoît Moulin (Domos FS), shares his entrepreneur vision.

Please introduce yourself, and tell us a little bit about your start-up?

Benoît Moulin.- “I joined the adventure Domos FS in 2014 to initiate the commercial development of the company. At that time, Domos was mainly a legal reporting tool designed to address the new challenges facing Alternative Investments Funds (AIFs): private equity, real estate, debt and infrastructure funds with the entry into force of the Alternative Investment Fund Managers Directive (AIFMD), particularly Annex IV reporting.

With the increasing complexity of the regulatory framework, the legal reporting offer has been extended to other reports, such as CRS/FATCA, U.1.1., S2.13, TPTOBS, … all reports that shall be issued to the CSSF (Domos is also directly connected to the BAFIN or the FCA), the BCL or the ACD.

We recently developed a compliance module, to ease the compliance officer life with due-diligence features, oversight, overall compliance program monitoring and reporting.
Benoît Moulin

Benoît Moulin ,  Domos FS

Arnaud Vinciguerra, co-founder and CEO of the Domos FS, anticipated the split between the portfolio management and the risk management functions in the management of AIFs. While a portfolio and a deal-flow modules were already developed, a risk management module was on the roadmap, allowing AIFMs to perform pre-deal risk analysis, day-to-day risk monitoring, stress testing and automate their risk reporting to their stakeholders. These modules improve the day-to-day of both portfolio and risk managers within AIFMs.

We recently developed a compliance module, to ease the compliance officer life with due-diligence features, oversight, overall compliance program monitoring and reporting.

Finally, to complete our offering and expand outside the Luxembourgish boarders, we have launched a limited partner module, that is addressing general partners needs in terms of investors’ management: from management of commitments, draw-downs, capital calls, distributions, waterfalls … through automation of notices’ generation to investors reporting in different format.

From idea to implementation, there is only one step … and yet. What triggered your entrepreneurial journey?

“Our journey started with the AIFMD coming into force, so regulation was our first driver and it is continuously, we are active members of different professional associations, we have built partnerships and developed relationships with complementary professionals, such as consultancy firms or lawyers, to make sure our product is always up-to-date with the latest regulatory developments that impact our clients.

But it is our clients that really drive the entrepreneurial journey: we regularly meet in order to make sure our product brings a solution to their issues, and that our roadmap is aligned with their expectations.

We often hear that it is essential to make mistakes. What do you think of that?

“I wouldn’t say that it is essential to make mistakes – if you can succeed with no mistakes, I think it is wonderful! – but I think it is essential to learn from your mistakes, taking the time to step back, analyse the situation and then move forward based on your conclusions.”

You can register for the Start-up Stories: Round 3 on the website of the  Paperjam Club .

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