Are You Up For The Task?
Whether selecting a new investment manager or conducting oversight of existing managers, Operational Due Diligence is a complex, manual, time consuming but vital task for Investors.
However, Investors are assigning unwarranted resources to request and analyze broad operational infrastructure on Investment Managers during the selection process and ongoing oversight.
Furthermore, Investors must identify resources with the right expertise who can understand the overall operations and not just focus on one area.
Business areas in scope during an operational review*
Legal and Compliance
Advisor policies and compliance controls.
Understand the management company and various investment products managed by the firm.
IT, Cyber Security, BCM
Understand and validate the business continuity management, backup recovery and use of computer network infrastructure
Service Providers, Financial Reporting and Audit
Review of service providers. Analysis of financial audits.Valuation policy.
Middle Office Processing
Controls and procedures for trade settlement, cash and asset reconciliation, to investor allocation.
Strategy and Portfolio Trading
Validate the investment strategy.
Understand the controls around portfolio trading.
*The above provides an overview of our operational due diligence process and does not reflect all our services as part of our review.