NAV Oversight is part of Milestone Group’s Fund Oversight focused solution set within its pControl platform. The Fund Oversight solution set enables fund managers to automate the verification of outsourced fund processing functions.
The deployment gives OppenheimerFunds deep insight into all components of their NAV calculation process and confidence in the accuracy of service provider results. The system gets down to a level of granularity and auditability on changes in pricing, expenses, income and capital flows that satisfies the toughest of board, investor and regulatory scrutiny.