Fri, Aug 18, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Dundee Leeds completes SSAE-16 audit of controls and operations

Tuesday, February 28, 2012

Precy Dumlao, Opalesque Asia: Alternative investments solutions provider Dundee Leeds has announced the completion of its annual review of the firm’s control system under the new SSAE-16 examination, completed by global audit firm PricewaterhouseCoopers.

In a statement, the company said that the independent audit revealed no exceptions, evaluated the design of Dundee’s operations and control environment, and that these controls had been operating effectively for the year ended September 30th 2011.

Andrew Yonda, President said, "We continue to provide our clients with a superior relationship based service, but the successful completion of the SSAE16 audit also shows our commitment to providing this to our clients with industry recognized best practice procedures and standards."

Dundee Vice President Phil Gee added, "The decision-making process when identifying service providers has never been more important. Investors require a level of assurance from service providers and a SSAE-16 ensures that the controls and processes they expect are being maintained and delivered".

SSAE-16, which replaces the former SAS-70 Type 2 standard, is an internationally recognized reporting standard developed by the American Institute of Certified Public Accountants (AICPA) that reports on a service organization's controls over the services it provides.

The report includes testing on a broad range of internal contro......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  3. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  4. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos

  5. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq