FOR IMMEDIATE RELEASE

For Further Information, please call:

Patrick Fowler, The Spaulding Group,732 873 5700

The Spaulding Group and Norwood Consulting
Release Extract for GIPS® Standards Reporting and Verification


Somerset, NJ – February 10, 2020. The Spaulding Group, Inc. (TSG), the leading GIPS and non-GIPS verification firm, and Norwood Consulting, a top provider of GIPS technological consulting and developer of CompositeBuilder, announced today that they have co-developed a GIPS reporting extract to simplify the GIPS verification process for GIPS compliant firms.

The CFA Institute Global Investment Performance Standards (GIPS) are globally accepted standards considered industry best practice for investment performance reporting and presentation. The GIPS standards have been implemented by thousands of organizations throughout the world. The Spaulding Group is one of the world’s leading experts in the GIPS standards. TSG employs a thorough, efficient, on-site GIPS verification process using only senior GIPS specialists. CompositeBuilder is an automation tool designed to improve efficiency and ensure accuracy while identifying issues upfront. By creating a standardized report and data extract tool, TSG and CompositeBuilder are further simplifying the GIPS verification and reporting experience.

“We are continually working to enhance the functionality and usability of CompositeBuilder. The new verification extracts make the verification process quicker and more efficient for the GIPS compliant firm by giving the verifier precisely what they need,” said John Norwood, President of Norwood Consulting. “The one-click process enables the user to generate the extracts at the push of a button. It couldn’t be any simpler.”

“GIPS compliance has tremendous value for both asset managers and asset owners. TSG is always looking for ways to make compliance and verification as easy as possible for our clients,” said Ashley Reeves, CIPM, an Executive Vice President at The Spaulding Group and head of the firm’s verification practice. “We are excited for the launch of this new tool, which should make preparing for a verification easier for firms looking to become GIPS compliant.”

With offices in the New York City and Los Angeles metropolitan areas, The Spaulding Group, Inc. is the leader in providing investment performance measurement information, through its products and services. TSG provides consulting, GIPS and non-GIPS verification services, as well as unique and proprietary Software Certification and Operational Review services. It hosts both the Performance Measurement Forum and Asset Owner Roundtable. The firm also sponsors the annual Performance Measurement, Attribution and Risk (PMAR) North America, West, and Europe conferences. TSG’s Institute of Performance Measurement offers performance measurement training, including both performance fundamentals and attribution courses, a class on portfolio risk, as well as ones specially designed for non-performance professionals and asset owners. TSG also publishes The Journal of Performance Measurement®.

For more information, please visit www.GIPSVerifications.com and www.SpauldingGrp.com.

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