ACA Group has launched its Managed Performance Services offering, which enables investment firms to outsource their performance measurement and reporting functions.
The introduction of the new product is a response to the rapid evolution of the investment industry. Investment managers are grappling with increased regulatory scrutiny, elevated client expectations, staff turnover, and a hyper-competitive environment. ACA Group’s Managed Performance Services are designed to assist businesses in these trying times, enabling them to tap into external expertise for managing their investment performance programmes.
The ACA Group, as a prominent advisor in GRC within financial services, is committed to assisting its clients in maintaining robust governance structures, managing risk effectively, and ensuring stringent compliance. These services are increasingly vital in a climate marked by regulatory change and investor scrutiny.
The Managed Performance Services provides a comprehensive outsourced solution. By utilising ACA’s proprietary technology and harnessing the profound expertise of its team of over 90 investment performance professionals, firms are ensured of thorough and reliable performance measurement, verification, and certification. The service is rooted in a three-decade history of adherence to Global Investment Performance Standards (GIPS®) and proven investment performance experience.
The Managed Performance Services’ offerings are extensive, including portfolio and fund performance calculations, composite management and performance calculations, GIPS compliance oversight and verification management. The primary goal is to provide a solution that eliminates the burden of monthly performance calculations, streamlining processes and enabling internal resources of investment firms to focus on core tasks.
The service also provides support in risk statistics, money-weighted returns, and attribution, with ACA’s consultants lending their expertise across all areas of performance management. The result is a comprehensive performance management programme that meets the specific requirements of firms of all sizes and complexities.
“Calculating and presenting performance results is becoming increasingly complex, especially given the introduction of the SEC’s recent marketing rule, which requires a more stringent performance requisite,” Karen Foley, partner and head of Performance Management at ACA Group, said. “Having access to experienced professionals to maintain this process is more important than ever from a regulatory compliance and performance marketing standpoint. Outsourced performance services is the ideal solution to cost efficiency without sacrificing expertise.”
Carlo di Florio, global advisory leader at ACA Group, added, “Recruiting and retaining specialised talent for performance-related functions has been a constant challenge for many firms. By partnering with ACA, a global leader in performance services, regulatory compliance, managed services, and technology, clients can grow efficiently, manage turnover, mitigate costs, and free employees’ time to focus on other initiatives.”
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