Oversight of Fund Service Providers

April 18, 2019 - 2:00 pm to 3:00 pm
Investment Company
ACA Compliance Group's James Pappas and Putnam Investments' Michael J. Woodall

Please join ACA Compliance Group's James Pappas and Putnam Investments' Michael J. Woodall on Thursday, April 18th at 2 pm EDT for our complimentary webcast, Oversight of Fund Service Providers.

Outsourcing can become an attractive alternative for managers who are pressured by declining revenues, increased regulatory requirements, oversight, and scrutiny. However, the decision to externalize a function is complicated and finding, evaluating, and then overseeing the service providers can become a process unto itself. As the use of outsourced service providers expands, so do the challenges of oversight. 

Our webcast panel will discuss the current regulatory environment regarding outsourcing as well challenges and considerations for the selection and management of service providers.

Discussion Topics

The vendor selection process

  • What goes into the due diligence process
  • Who should conduct the due diligence
  • Issues to be examined
  • Materials to request
  • Why examinations, on-site visits, demonstrations, are necessary
  • Control reviews 
  • Documentation

Managing the relationship with oversight

  • Contracts and Insurance
  • Cybersecurity
  • Business continuity
  • Personal contact and reporting expectations
  • Notification and escalation procedures
  • Board oversight
  • Current best practices
  • Oversight in 2020


There will also be time allotted to answer specific questions and respond to comments from webcast attendees.