Benefits of becoming GIPS Compliant
Investment firms can build credibility and trust through compliance with the GIPS standards. Here is how becoming compliant with the GIPS standards will help your business: (Reprinted from the GIPS Website)
- Global passport − Formally recognized in 29 major financial markets; compliance enables your firm to fairly compete throughout the world
- Efficiency − The Standards allow firms to voluntarily provide compliant information to investors, leading to more effective and efficient markets
- Internal controls − The Standards provide a realistic, standardized framework necessary to ensuring performance figures are directly comparable
- Credibility − Meeting the globally recognized industry standard demonstrates commitment to ethical practices
Justin@firstcomposite.com
416-712-0523