Risk Advisory Services

As a result of the implementation of the Alternative Investment Fund Managers Directive (AIFMD) boards are reconsidering their approach to risk management and oversight.

We believe the outsourcing of such risk management and oversight is the best solution to effectively satisfy AIFMD and UCITS.

IFM has an established track record, based on our current Risk and Principal Management clients, of providing Funds' boards with solutions that ensure regulatory compliance. Our team has a strong background in fund administration and hold board positions on private equity, property and equity funds.

IFM will consider a direct appointment in a risk management and oversight capacity, or we can provide a member of our team to assist the Risk Committee in relation to a specific fund. 

We offer:

  • Assistance with the establishment of a risk reporting framework
  • Oversight and monitoring of key risk
  • Reporting services to boards, committees and risk management reporting officers
  • Assistance with AIFM / UCITS reporting obligations
  • Monitoring of compliance with investment limits and policy
  • Exposures, leverage and concentration risk analysis
  • Beta stress testing
  • Market risk analysis (including stress testing)
  • Commitment and notional risk approaches
  • Liquidity risk analysis
  • Issuer and counterparty risk analysis
  • Operational risk analysis
  • Monitoring responsibilities and escalation procedures

Chris Hickling

Managing Director

BACKGROUND

Chris joined PraxisIFM in 2009 as part of the purchase of Investec Administration Services' client book. Having initially joined our Operations team he became Managing Director of IFM later that year.

He had previously worked for Close Fund Services for six years, during which time he reviewed and implemented new operational procedures leading to a more focused and risk-based approach on a broad range of funds. Reviews included the areas of pricing and risk, NAV production and dealing with fund advisors. 

He continues to sit on a number of fund and general partner boards and oversees all management services including adherence to distribution rules and investor reporting.

EXPERTISE

Chris' focus is primarily on developing opportunities in fund management, risk management and AIFMD/UCITS solutions.

QUALIFICATIONS

ACA

Shaun Robert

Director

BACKGROUND

Shaun has extensive front to back experience in fund administration across transfer agency, fund custody, trustee and AIFMD depository lines of business. For more than 25 years he has dealt with most fund structures across a wide range of strategies such as hedge funds, fund of funds, fund of hedge funds, debt, bond and equity funds.

He gained valuable experience with Close Fund Services, Credit Suisse Fund Administration and J.P. Morgan Custody Services. Shaun has also held prescribed positions as recognised by the Guernsey Financial Services Commission for over 10 years, including Directorships and MLRO positions.

As a Director of IFM, Shaun offers advisors and boards with fund and risk management services solutions, including AIFMD and UCITS, providing PPM reporting and registrations for cross border marketing, together with consulting services for managers and boards seeking adherence to AIFMD and UCITS. He also assists with oversight and governance of the day-to-day business.

EXPERTISE

His risk management service solution advice to advisors and boards.

QUALIFICATIONS

Member of the Chartered Institute for Securities and Investments.