01.16.2014

Opus Fund Services Receives Clean SSAE16 Report

Chicago, IL – Opus Fund Services today announced the successful completion of its SSAE 16 examination, by a leading auditing firm. The independent examination, which yielded no exceptions, evaluated the design of the Opus control environment, and if these controls had been operating effectively for the year ended October 31, 2013.

Robin Bedford, Opus CEO said “the year on year successful completion of the SSAE 16 certification, again with no exceptions, shows our commitment to providing our clients with services following industry best practice.”

The report includes testing on a broad range of internal controls including implementation; account management; security master setup and maintenance; trade capture; price master valuation and price verification; gains and losses recognition and capture; corporate actions processing; income and expense recognition and capture; cash management; net asset value reporting; subscription, redemption and transfer activity; and investor standing data maintenance. From an information technology perspective, the examination included controls related to change management; information security; and back-up and recovery.

About Opus Fund Services:

Opus Fund Services was established in 2006 and is a leading independent and privately owned full service fund administration company providing automated, integrated middle and back office administration services to hedge funds and asset management firms. Opus Fund Services (Bermuda) Ltd. is licensed by the Bermuda Monetary Authority under the Investment Funds Act 2006. For further information see www.opusfundservices.com or contact one of our offices.