GIPS Verification
The primary purpose of verification is to ensure a firm
that claims compliance with the Global
Investment Performance Standards (GIPS) has actually adhered
faithfully to the intent of the standards.
StatPro works closely with a number of verifiers and many
features of StatPro Composites have been
written with the needs of verification in mind.
"Although
verification is not mandatory, I have always believed that the
independent third party verification of an asset manager's claim of
compliance is an essential part of the GIPS process.
Any manager making a claim of compliance without independent
verification is taking a major risk... Verification not only helps
to ensure the appropriate documentation and procedures are in place
and compliant but will also point out potential weaknesses in the
performance measurement process.
Verification adds credibility to the asset manager's claim of
compliance; in fact some clients require it".
Verifiers that StatPro has worked with and are pleased
to recommend:
|
|
Ashland Partners & Company
LLP was founded in 1992 for the purpose of providing
verification services to the investment management industry.
|
 |
Ernst & Young is a
global leader in assurance, tax, transaction and advisory
services.
|
|
|
HSBC Securities
Services is part of the HSBC Group, one of the world’s largest
financial services organisations.
|
|
|
Investit provide focused and
experienced specialised advice, project management, research and
people exclusively to the investment management industry.
|
|
|
KPMG provides a full range of services
to assist Firms with the implementation of GIPS as well as
providing verification of compliance with GIPS and all country
versions of the standards.
|
|
|
PricewaterhouseCoopers LLP is a
global leader in providing independent performance measurement
services to investment management firms and their service
providers.
|
|
|
The Spaulding Group (TSG) has
evolved into the primary source for information and education in
the investment performance measurement industry.
|
 |
WM Company is a provider of
performance measurement and investment administration services.
WM's GIPS service is tailored to clients' specific needs and
encompasses pre-verification checks, compliance consultancy and
verification reporting for GIPS and local country standards.
|