(Newswire.net — November 4, 2014) Somerset, NJ — The Spaulding Group (TSG) is pleased to announce that software vendor John Norwood Consulting’s CompositeBuilder has been successfully certified for GIPS® (Global Investment Performance Standards) functionality.
“Software certification is a proprietary, independent, in-depth, and rigorous review of performance/risk systems, conducted by recognized industry specialists” said Christopher Spaulding, TSG’s Executive Vice President of Strategy and Business Development. “The certification covers calculations, functionality, reports, user interfaces, usability, work flow, completeness, and controls. To be ‘TSG Software Certified,’ systems must meet all requirements. Firms may elect to have their entire suite reviewed, or just one or more individual components. This service is available to software vendors and firms with proprietary systems, such as custodians, broker/dealers, and asset managers. Certification provides our clients with greater confidence in what they’re doing, as well as with recommendations on ways to enhance their systems. We have been doing this for clients for to two decades.”
“We were interested in having an independent and authoritative review of our system, in order to gain greater credibility” said John Norwood. “TSG’s software certification program met our requirements. We believe having CompositeBuilder certified will enhance our marketing and sales processes, provide greater confidence to our clients and prospects, and enhance the product’s competitiveness.”
With offices in the New York City and Los Angeles metropolitan areas, The Spaulding Group, Inc. is the leader in investment performance measurement products and services. TSG offers consulting services along with GIPS and non-GIPS verification services. It conducts operations reviews and software certification services as part of its consulting group. The firm publishes The Journal of Performance Measurement, a quarterly publication we launched in 1996; and hosts the Performance Measurement Forum. The firm also sponsors the annual Performance Measurement, Attribution and Risk (PMAR) conference and PMAR Europe which have come to be recognized as the leading performance measurement conferences in the industry. TSG’s Institute of Performance Measurement offers performance measurement training, including a fundamental’s course on performance measurement performance measurement, a course on performance attribution, and two CIPM exam preparation courses.
John Norwood Consulting is headquartered in Raleigh North Carolina, and produces applications that integrate with PortfolioCenter® and other portfolio management systems. CompositeBuilder provides composite performance reporting, and is designed to facilitate compliance with the Global Investment Performance Standards (GIPS). The application provides a comprehensive suite of tools for the creation and maintenance of composites, error checking, reporting, and verification. http://www.norwood-consulting.com.
PortfolioCenter is a registered trademark of Schwab Performance Technologies.
About The Spaulding Group: With offices in the New York City and Los Angeles metropolitan areas, The Spaulding Group, Inc. is the leader in investment performance measurement products and services. TSG offers consulting services along with GIPS and non-GIPS verification services. It conducts operations reviews and software certification services as part of its consulting group. The firm publishes The Journal of Performance Measurement, a quarterly publication we launched in 1996; and hosts the Performance Measurement Forum. The firm also sponsors the annual Performance Measurement, Attribution and Risk (PMAR) conference and PMAR Europe which have come to be recognized as the leading performance measurement conferences in the industry. TSG’s Institute of Performance Measurement offers performance measurement training, including a fundamental’s course on performance measurement performance measurement, a course on performance attribution, and two CIPM exam preparation courses.
For More Information:
Stephen Sobhi
The Spaulding Group