In a post-Global Financial Crises world, the oversight of funds has placed greater demands on Fund Treasurers: even if they outsource fund accounting, they still carry ultimate responsibility for the operation and governance of the funds. The SEC holds mutual fund companies responsible for any errors in NAV calculations, and requires them to make shareholders ‘whole’ for them.
With headquarters in the USA and fund offerings in multiple geographies, read how this global Fund Management firm recognized the need for greater oversight, yet their ability to review and validate their service provider’s work - NAVs struck, market prices, trades booked, and income and expense transactions recorded - was limited.
Their search for an integrated platform led them to pControl and allowed them to create a center of excellence for oversight, underscoring the company’s market-leading position and reputation.
Download this case study to find out how this was achieved.