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Central Bank of Ireland - Outsourced Service Provider Oversight and Strengthening Operational Resilience with pControl

In line with global regulatory changes, the Central Bank of Ireland (CBI) has published cross industry guidance focused upon the use of Outsourced Service Providers (OSPs) [CP138], and the importance of strengthening Operational Resilience throughout the financial system [CP140].
23 May 2023

These guidelines include the expectation that CBI regulated firms have appropriate mechanisms in place to oversee, monitor, and assess the appropriateness and performance of their outsourced arrangements, such as Fund Accounting & Valuations.

Download this regulatory insight to learn how Milestone Group’s pControl™ Oversight solution can help your firm:

  • Automate your entire NAV oversight process and ongoing monitoring of the outsourced fund accounting function
  • Calculate an independent contingent NAV in the event of an outsourced service provider outage 
  • Gain key SLA and KPI-driven data insights
  • Demonstrate global best practice to fund boards, clients and regulators
Download Regulatory Insight
( .pdf 440.1 KB)
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