Global Investment Performance Standards (GIPS) compliance and verification

Services

Global Investment Performance Standards (GIPS) compliance and verification

Deloitte has extensive experience in implementation consulting and assisting clients with Global Investment Performance Standards (GIPS) compliance and verification.

Deloitte experience and expertise in GIPS engagements

We have sponsored the Annual AIMR and the GIPS Conference and our experience in providing specialised GIPS services to many of the world’s leading companies is a clear indication of our ability to provide you with high-quality GIPS services.

We provide GIPS services to the investment management industry across the globe via our global GIPS practice with centres of specialisation in Toronto, New York, Boston, London, Paris, Frankfurt and Luxembourg. 

Deloitte experience and expertise in GIPS engagements

Our distinctive GIPS approach

Our three-step approach is designed to assist our client throughout the procedure that must be followed to become GIPS compliant.

Diagnosis
The diagnosis process is tailored to each manager. Working closely with your teams, we can help you define the scope covered:

  • to ensure it accurately reflects the organisation
  • and to ensure that it can withstand future developments

Through investigation, interviews and documentation review, we can perform a gap analysis and provide you with proposals covering organisational, technical and operational issues.

We also provide insights regarding the use of the report (marketing plan).

Implementation
Usually, a project manager is responsible for monitoring the implementation project to ensure smooth and efficient results.

This phase is an opportunity to finalise the procedures manual which:

  • presents rules and the approach adopted to comply with the standards
  • identifies and describes the procedures for maintenance and supply databases

Data collection and handling is also performed before actual performance calculation, including all controls described in the procedures manual.

Verification
Global Investment Performance Standards certification is a natural step forward and a confirmation of the quality for your RFPs.

Deloitte believes that certification offers the opportunity to bring significant added value to an organisation by sharing its experience and issuing constructive recommendations.

Our certification approach is based on our global audit methodology, which has been tailored to this activity. A detailed framework has been adopted and refined based on specific local features applicable since the standards were introduced.

For all subjects (firm, composite quality of the data and reporting), our certification process consists of three phases: examination, surveys, and synthesis. Performed prior to the audit work, the examination phase aims to identify potential errors.

The survey part is at the core of our approach, covering compliance, consistency and durability.

The certificate is delivered in electronic format (pdf, CD-ROM) to ensure broad distribution and impact on your current and prospective clients. 

Our distinctive GIPS approach

Technical watch for our clients

Several Deloitte partners participate in the work of local GIPS sponsors and of the GIPS Council, where the future versions of GIPS are developed.

We share much of this knowledge with our clients by distributing several periodic newsletters (Performance Flash Report, Tribune Savings, and Alert) and technical papers on various issues related to the presentation of the GIPS performance standards.

We also deliver on-demand customised training sessions. 

Technical watch for our clients

Contacts

Laurent Fedrigo

Laurent Fedrigo

Partner | Audit & Assurance

Laurent is a partner within the audit department and has over 23 years of experience in the Financial Services industry, servicing investment management clients in an audit and advisory capability in ... More

Isabelle Pasque-Broset

Isabelle Pasque-Broset

Director | Strategy & Corporate Finance

Isabelle is a directeur within the advisory and consulting department and has more than 15 years' professional experience. She is specialised in project coordination, compliance, fund accounting, cust... More