Internal controls
- Operating teams are made well aware of the "compliance and control" approach, and internal controls are in place
- Teams are coordinated in the area of compliance and relations between Sycomore AM and the Autorité des Marchés Financiers (French market authority)
- We are involved in local market activities, to keep abreast of best practices and regulatory trends
- Fully independent controls guarantee their objectivity
Risk Management
- Identifying, measuring and monitoring of market, counterparty and liquidity risks
- Analysis and breakdown of risks (concentration, style, scenario)
- Measure and attribution of performance
- Automated controls (investment restrictions, trades, pricing)
- Performance reports produced on a day N+1 basis, and detailed risk reports
Operations
- Control, reporting and monitoring of transactions, to ensure their smooth function
- Validation & dissemination of redemption values
- Reconciliation of transactions
- Management of corporate actions and suspense accounts
- Optimisation of euro and foreign currency cash holdings
IT systems
- A flexible and adjustable proprietary technological platform has been developed, enhanced and made permanent
- In-house, customised tools and software have been developed for all Sycomore teams (managers, middle office, controls, development)
- Development of risk control and monitoring tools (crossing of regulatory shareholding thresholds, order-placement alerts, etc.)
- Business Continuity Plan set up to protect against any major operating risk
