Stockholm, December 3rd, 2024
“Good oversight is becoming increasingly harder as the industry continues to grow with more outsourcing partners, new software and renewed interest in automation. At the same time, the need to be able to prove oversight and control is increasing, not only driven by the continuous introduction of new regulations, with DORA being the latest addition, but also with the rise of Operational Due Diligences (ODD) that are now becoming more popular even for smaller allocators.”
We’ve spent the last seven years at Daymi making oversight and control easy and manageable. We are proud to serve 70 clients across Europe—including hedge funds, service providers, and banks.
In HedgeNordic’s latest special report, (Em)Powering Hedge Funds, Daymi’s CEO, Carl-Fredrik Svensson, shares insights on the challenges of maintaining control and outlines a winning strategy to take back control, especially relevant for cost efficient Hedge Funds.
Key Takeaways:
- Centralize – Avoid fragmented tools or methodologies within different teams.
- Make it easy and actionable – Focus on the most critical control first.
- Document everything – Ensure documentation is directly linked to the actual controls.
By consolidating all business-critical controls into a single platform—whether they involve daily operations, regulatory reporting, or policy-driven tasks—you can achieve real-time oversight. This approach not only simplifies retrieving proof of execution but also allows you to confidently showcase your control environment to auditors, ODD teams, or boards of directors, proving that you are in control.
Read full article here: The Challenge of Oversight and Control – HedgeNordic
About HedgeNordic
HedgeNordic is the leading media focusing on alternative investments and hedge funds in the Nordic region, providing news, research analysis and opinion on and for industry professionals in the Nordic alternative investment industry and those who take an interest in it.
Control & Oversight
