12.22.2021

Opus completes 2021 SOC 1 Type 2 Audit by PwC

Opus Fund Services Completes 2021 SOC 1 Type 2 Audit

Opus Fund Services today announced the recent successful completion of its 2021 SOC 1 Type 2 Audit by PricewaterhouseCoopers. The independent examination, which yielded no exceptions, evaluated the design of the Opus control environment, and confirmed these controls had been operating effectively for the year ended December 31, 2021. The report includes testing on a comprehensive range of full-service fund administration internal controls.

These controls include 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:

Established in 2006, Opus Fund Services is an award-winning independent and privately-owned full service global fund administrator providing automated, integrated middle and back-office administration services to hedge funds and asset management firms. Opus Fund Services has offices in Bermuda, New York, Chicago (Naperville), San Francisco (Brentwood), Austin (Texas), Manila, Halifax, Dublin, Enniscorthy, and Mauritius. 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.