We have outsourced both our fund and member administration to JTC Group.
We are ultimately responsible for the accuracy of our daily pricing and therefore added the following two layers of verification:
- Internal pricing verification.
- Third party pricing verification.
Fund pricing is verified internally
We verify all details of pricing internally as well and:
- JTC will only distribute fund data on our approval.
- Our verification processes use independent data sources to those used by JTC Group.
It is worth noting that we have a zero error tolerance level in that all prices calculated internally should match those produced by JTC Group exactly.
Third party pricing verification
As a 3rd layer of security and control, we have appointed Opacity Oversight Services (Pty) Ltd to verify all our fund price calculations daily.
|Company||Role||Contact Person||Contact Number|
|JTC Group||Outsourced Administration||Elize Blandfirstname.lastname@example.org||+27 21 529 4860|
|Rezco Asset Management||Internal Pricing Verification||Ronald Capeemail@example.com||0861 739 468|
|Opacity Oversight Services (Pty) Ltd||Third Party Pricing Verification||David Silvermanfirstname.lastname@example.org||+27 82 454 5617|