IFRS PARTNER™ - The industry leading solution for transitioning your organization from GAAP to IFRS by 2011
This product is the groundbreaking software tool that is streamlining the move from GAAP to IFRS. To learn more go to the IFRS PARTNER™ website to learn more – Click here.
IRC PARTNER® helps your fund comply with National Instrument 81-107 Independent Review Committee for Investment Funds
IRC PARTNER® is the first and only product designed to meet the unique needs of the Canadian mutual fund sector and the CSA NI 81-107 directive. It features over 50 best practice templates that are industry and legislation-specific for the post-November 1, 2007 deadline. There are also tools to help your company properly benchmark against these best practices.
IRC Sustainability and Cost Savings
IRC PARTNER® empowers the fund and IRC with the tools to efficiently and effortlessly maintain compliance.
IRC PARTNER® is the first and only product designed to meet the unique needs of the Canadian mutual fund sector and the CSA NI 81-107 directive. It features over 50 best practice templates and provides step-by-step guidance and cost-saving precedent documents such as a draft charter, draft policies and procedures, and member service agreements.
Once the IRC is established, the product enables the IRC to evaluate potential conflicts and make recommendations, reducing dependence on external consultants.
Instant Reporting and Communications
IRC members want to perform their duties efficiently. Managers want their IRCs to follow due diligence by reviewing every conflict of interest and making sure that their documentation will withstand review and audit.
IRC PARTNER® provides analytical tools and immediate, on-demand reporting to enable the IRC to evaluate potential conflicts and make recommendations, including a conflicts review process.
It also provides rapid documentation to support written recommendations and annual reports.
Effectively Manage Costs and Time
As IRC committee members will be paid an annual fee and/or per meeting fees by the fund, organizations are eager to reduce the amount of time that their IRC will spend on IRC duties.
Additionally, the IRC will be able to hire outside counsel and consultants to assist them. These costs can be significant.
IRC PARTNER® is designed to:
- Increase efficiency by reducing the time required to evaluate conflicts and generate reports
- Reduce the time required to document and maintain documentation
- Reduce the time spent setting up and maintaining the IRC process.
- Allow for judicious use of outside counsel
Non-Compliance Risks
Larger than any administrative or legal penalties associated with NI 81-107 non-compliance or mismanagement of conflict of interest procedures is the risk to the reputation of the investment fund and investment fund manager if conflicts of interest are not properly dealt with and disclosed.
IRC PARTNER® allows a fund manager to instill confidence in the integrity of the investment funds conflict of interest procedures by creating a solid framework for documenting conflicts of interest and the IRC’s handling of those conflicts.
IRC PARTNER® is the solution you can rely on to provide up-to-date, reliable content that will greatly ease the burden of IRC compliance.
To request more information or to schedule a one-on-one presentation, please go to "Contact Us".