Processes & Controls | Ipes

Processes & Controls

We are process driven so that we can get things right the first time, on time, every time

We are process driven and have produced over 125 process maps and checklists to support all tasks. These are integrated within our Capital Tracker workflow system. This rigorous focus on process helps ensure that client work is always completed in a timely manner, without mistakes. Internal review and sign off are included at key stages of the processes for additional quality control. These processes and controls are audited externally every year. Ipes has also appointed an Assurance Director whose remit is to maintain the integrity of our operating model.

Internal and external review

Independent internal reviewFund Administration - 1 October 2015 to 30 September 2016

We have appointed an Assurance Director whose remit is to maintain the integrity of our operating model.

We believe that this is rare in the industry and gives us an important advantage over other providers of outsourced services.

Third party review

The International Standard on Assurance Engagements (ISAE) 3402 accreditation provides third party assurance over our internal controls and their resulting operational effectiveness. This standard is issued by the Institute of Chartered Accountants for England and Wales (ICEAW) and ensures our controls meet the control objectives laid down within AAF 01/06. The accreditation covers our Fund Administration and Depositary operations in the UK, Channel Islands and Luxembourg.

In addition we undertake annual statutory external audits in each of our jurisdictions.  

To request a copy of our latest AAF report please email