September 2023 Overview & Summary On Sept. 6, 2023, the Securities and Exchange Commission’s Division […]
Through our strategic agreement with Phocion Investment Services (Phocion), Compliance Risk Concepts (CRC) is proud to offer GIPS® Verification Services to existing and prospective clients.
The intention of GIPS® Verification is to provide existing and prospective clients with additional credibility that the investment firm adheres to industry best performance practices. GIPS® is formulated and maintained under the guise of the CFA Institute. Its collection of requirements when properly implemented ensures that operations and published returns are highly comparable among adherents. According to GIPS®, investment firms are allowed to self-verify. Greater confidence can be achieved when performed by an independent, third party that fully understands the niche discipline of performance. Firms that follow GIPS® benefit from the following:
Phocion Founder, Ioannis Segounis, stated: "Investment firms that claim adherence to GIPS® standards must be verified on an annual basis. Greater confidence can be achieved when performed by an independent, third-party that fully understands the niche discipline of performance. When properly implemented GIPS® requirements ensure that operations and published returns are highly comparable among adopters."
Clients wishing to obtain more information about Phocion's GIPS® Verification services should contact CRC at +1-(917) 281-2325.
Phocion Investment Services provides the expertise, independence, and sophisticated tools that enable our clients to meet their performance, compliance and due diligence objectives. Our objective is to bring clarity to the complexities of the investment industry and to assist stakeholders in their investment decision processes. With our team's proven track record and the firm's core pillars of honesty, accountability, and excellence in service, we are the industry's trusted partner in the investment process. www.phocioninvestments.com