Our Experience
We provide audit, tax, regulatory, operational, assurance/risk and strategic consulting to a wide range of clients across the investment funds industry, including investment managers, fund promoters and fund service providers.
Our clients value our cross-functional expertise and partnership approach in delivering complex projects. Below are some examples of the type of work we have carried out.
| Regulatory assignments | Operational assignments | Assurance/risk assignments | Strategic assignments |
Credentials - Regulatory assignments
| Client | Project description |
|---|---|
| Major institution | MiFID authorisation project management |
| Global fund administrator | Merger and acquisition authorisations |
| Financial sector stakeholders | Drafting of guidance implementing Third AML Directive |
| French asset manager | Advice on KIID requirements under UCITS IV |
| Credit institutions | Capital requirements advice |
| Banks and funds | Advice on corporate governance and fitness and probity requirements including mock interviews |
| Fund administrator | Advice and preparation for Central Bank mock inspections including remediation support post inspection |
| Fund administrator | Advice on establishing prime custody and clearing functions |
| Global Fund Administration business | Secondment as European Tax Head |
| Major Private Bank | Advising on fund products offered to its HNWs and advising on the tax treatment of the products |
Credentials - Operational assignments
| Client | Project description |
|---|---|
| Fund administrator | Advice on operational aspects in advance of Central Bank visits |
| Fund administrator | FATCA implementation advice |
| Fund administrator | FIN48 assessments – from high level warning map to advice & calculations in various countries |
| Various Fund administrators | Devising AML operational procedures |
| Various Fund administrators | Foreign tax filing co-ordination for various countries such as Germany, Austria, UK & Switzerland |
| Global hedge fund | Target operating model design for global hedge fund business |
| Global fund administrator | NAV process standardisation and efficiency programme |
| Global fund administrator | Cost reduction programme |
| Hedge fund administrator | Operating model design to service private equity and infrastructure funds |
Credentials - Assurance/risk assignments
| Client | Project description |
|---|---|
| Range of funds industry clients | SAS 70 (Readiness/Type I and Type II) services for covering: TA, trustee, technology, investor services, investment operations, accounting and administration and general computer controls |
| Range of funds industry clients | Assisting with the transition from SAS70 to the new International and US standards (ISAE3402/SSAE16) |
| Range of insurance clients | Solvency II actuarial work |
| TA and fund admin operation | Detailed forensic accounting review in relation to NAV production process |
| UK investment manager | Guidance on risk management policies (RMP) and VaR model validation |
| Global fund administrator | Performing operational due diligence |
| International investment manager | Advising on an error rectification process |
| Global custodian/administrator | Advising on the design of banking and custody operations |
| Global UCITS manager | Advising on risk management process |
Credentials - Strategic assignments
| Client | Project description |
|---|---|
| Global fund administrator | Merger integration assignment for a major service provider in Ireland, including all aspects of their operations (systems, staffing, regulatory) |
| Asian asset manager | Project to determine location of choice for fund and management company |
| Global IM business | Project management, office establishment and assistance with business “carve out” |
| French asset manager | UCITS IV management company location review and comparison |
| Major global banks | Solvent liquidations/ wind downs of funds and subsidiaries |
| Closed ended fund | IPO of closed ended funds listed on the Main Market of the LSE |
| Various investment managers | Assistance with distribution strategy |
| Various asset managers | Re-domiciling funds to Ireland |
| Various major financial institutions | Benchmarking, cost analysis, performance measurement |
| Various IM clients | Recruitment and selection of senior executives for a range of funds industry and investment management clients |