ASSET SERVICER DUE DILIGENCE
Understand the provider behind
critical investment operations.
Independent due diligence on custodians and fund administrators, helping institutional investment organizations understand operational risk before establishing or expanding a critical service provider relationship.
Asset Servicer Due Diligence
Critical providers require critical scrutiny.
Custodians and fund administrators sit at the center of many critical investment processes. Their controls, systems, people and operating resilience can directly affect the quality and security of the services an investment organization relies upon.
ORC provides independent due diligence on asset servicers, assessing whether their operating models, controls and capabilities are appropriate for the client's requirements and identifying material risks before they become embedded in a long-term relationship.
Core operational providers
The assessment is tailored to the provider, services in scope and the specific requirements of the client rather than applying a standardized checklist in isolation.
01
Custodian
Detailed assessment of custody and asset servicing capabilities, including safeguarding, settlement, cash, corporate actions, reporting, technology, controls and sub-custodian arrangements.
02
Fund Administrator
Assessment of the operational infrastructure supporting fund accounting, NAV production, investor servicing, transfer agency, financial reporting and othel administration activities.
Coverage
Our Assessment
Looking beneath
the service proposition.
01
Governance & Organization
Operating model, service locations, responsibilities, workflows, handoffs and dependencies supporting supporting the relationship.
02
Service Delivery Model
Operating model, service locations, responsibilities workflows, handoffs, and dependencies supporting delivery to the client.
03
Processes & Controls
Key operational processes, reconciliations, maker-check controls, exception management, and oversight of core activities.
04
Technology & Data
Core platforms, interfaces, automation, data management, reporting capabilities and technology governance.
05
Resilience & Cybersecurity
Business continuity, disaster recovery, cybersecurity, incident management and the resilience of critical services.
06
Outsourcing & Fourth Parties
Reliance on affiliates, sub-custodians, technology providers and other outsourced parties supporting the service.
07
Risk and Complaince
Risk governance, regulatory compliance, AML and KYC controls, sanctions, fraud prevention and related oversight.
08
Financial & Business Sustainability
Financial strength, strategic commitment, insurance, investment in the platform and the sustainability of the service model.
When We Support
Due diligence at critical points
in the relationship.
Asset servicer due diligence can be used independently or as part of a wider selection, transformation or oversight exercise.
01
Before Appointment
Validate the preferred provider before contracting or finalizing a strategic outsourcing decision.
02
During Selection
Incorporate detailed operational assessment into a broader custodian or fund administrator REP and selection
process.
04
Existing Providers
Independently reassess a material existing relationship following growth, change or emerging concerns.
Material Change
Assess the impact of acquisitions, migrations, technology changes, new service locations or significant operating model developments.
03
Targeted Assessment
Expertise from both sides of the relationship.
MARKET PERSPECTIVE
Global Asset Servicing
Experience
ORC combines detailed knowledge of custodians, fund administrators and wider asset servicing models with experience advising institutional investment organizations globally.
PRACTICAL ASSESSMENT
Focused on the Client
Relationship
Our diligence does not assess the provider in isolation. We consider whether its capabilities, controls and service model are appropriate for the client's specific operating requirements.
Read More
Explore our due diligence solution in more detail.
Download our Asset Servicer Due Diligence brochure for further information on ORC's assessment framework, provider coverage and delivery approach.
ORC is a specialist consultancy supporting institutional asset owners, asset managers and asset servicers across due diligence, investment operations, and governance.
We help clients identify material risks, strengthen operating models and make better-informed decisions across the investment lifecycle.
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