Quintillion updates certification to ISAE 3402 11 January 2012Dublin Reporter: Anna Reitman
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Quintillion has completed its ISAE 3402 Independent Service Auditor's report.
The certification, which is an update of SAS 70, checks for proper controls in areas such as fund accounting and investor services, client boarding and investment operations as well as data access, security, backup and change management. It was completed by Deloitte.
Linda Gorman, COO of Quintillion said, “As investor and manager expectations continue to focus more closely on the existence and substance of robust controls, we are delighted to obtain this certification".
The hedge fund administrator was previously certified under SAS 70 Type II.
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