The GIPS Verification is the review of an investment management agency’s performance measurement procedures. This is done by an independent third party verifier. This method checks whether the company has complied with all the composite construction prerequisites of the GIPS standards on a company-wide basis. It also tests if the policies and procedures of the company are designed to compute and present performance in compliance with the GIPS standards. This GIPS verification is another case of standard. It is highly suggested but not completely required to comply with the GIPS. Say for instance, if a test claims that a firm has not yet undergone the verification method, it doesn’t denote that a company is not GIPS compliant. Thus, you don’t need to be confused on this scenario.
It is noted that every company has distinct challenges to manage when considering GIPS verification. This GIPS verification offers countless advantages. Third party verification offers additional integrity to the claim of the compliance and sustains the whole guiding principles of the GIPS standards.
Verification may also offer an excellent opportunity to every company. It boosts the ideas of the company’s complaint presentations. In addition, GIPS verification may provide advanced internal methods and marketing gains to the company.
The GIPS verification is designed to provide a firm and its current and future clients with additional confidence in the agency’s claim of compliance. WIth a company’s verified status, there will be a market-driven result of advanced responsiveness among consultants and investors. This can also be a great factor in manager searches. Do you want to take advantage of this GIPS verification? Then, look for a company that can answer your specific needs. Whether you opt to begin the compliance framework or opt to understand the entire compliance verification method, you don’t need to be anxious because there are countless agencies you can deal with.
Among multiple selections, The Spaulding Group is an excellent choice. This company has a wide knowledge and expertise about GIPS. The company provides a compliance and pre-verification consulting service that covers guidelines of composite membership, calculation methodologies and a systematic assessment of your marketing disclosures. They also provide GIPS verification to guarantee that your company claiming GIPS compliance has adhered to the standards. The Spaulding Group also provides performance examinations and therefore, agencies may prefer to have a comprehensive or more focused performance examination of a specific composite track record. Since this company offers various services, you will always want to deal with them. Like others, you will truly love how they meet your specific needs.
