Key Controls

Our service has been designed to ensure good corporate governance and business best practice.

Control	Details
Segregation of duties - general	Reporting is independent of the asset manager. Outputs can be reviewed by managers independent of their preparation, giving scope for greater verification and evaluation.
Segregation, supervision and review	All junior staff are supervised by more senior members of the team. All outputs are subject to top level review by senior staff. Checklists are used to faciltate the review process.
Validation after data import	Data is independently verified using checklists. Checklists incorporate the validation of key accounts.
Supporting documents linked to any posting	mgrBars provides the facility to attach scanned images of all underlying documents to transactions, to provide a full audit and authorisation trail.
Comparison of accounts to models and KPI's	Actual results can be compared to budgets and KPI's on an on-going basis. Budgets can be imported into mgrBars to provide actual to budget and variance analysis. MGR Business Modelling can assist with the preparation of models for funds.
IT security and disaster recovery	All users must log into the mgrBars secure website in order to view reports. Access rights can be restricted as required. All data is replicated to an independant IT service provider for full back-up and access in the event of a disaster.