Valuation Services for Investment Management Practice

Your Challenges

PricewaterhouseCoopers Solutions

Are your Pricing Policies appropriate?

Do you have robust and appropriately documented pricing policies for your investment funds, in line with best market practices?

Are you confident that procedures in place are efficient and effective to address all valuation risks existing today?

Definition and Documentation of Pricing Policies

We help you to define a robust pricing policy that fits your needs or assess the quality of existing practices in place within your organisation:

• Benchmarking to market practices
• Alignment to regulatory guidelines
• Review of documentation appropriateness

We conduct independent reviews of your existing pricing policy, as well as of the Governance procedures in place.

Are the pricing sources used still reliable?

Market conditions or other factors might have affected the quality of pricing sources you have previously selected.

Are those sources still appropriate and properly monitored?

Review of pricing source quality

Thanks to our leading market share, but also to our strong network collaboration, we review on a regular basis the robustness of your selected pricing sources, in light of the market conditions.

We also help you in the assessment and selection of external service providers for automated valuation solutions.

You need to identify timely valuation issues

Control of valuation is time-consuming but you have to react rapidly. Your focus should be on those securities that have higher valuation risk.

Periodical review of portfolio valuation

With our independent pricing sources, we perform substantive periodic and critical reviews of portfolio valuations to anticipate or identify potential issues, such as stale prices, illiquid securities, suspended funds, etc. Any potential valuation issue highlighted can be directly discussed with our specialists who can share sound market practices accumulated in this area.

Are your pricing controls effective?

You should be confident that prices are updated daily for allsecurities, valuations received from vendors are reasonable and validated prices are properly applied.

Evaluation of pricing controls

Our market-leading controls reporting practice can evaluate your pricing controls compared to best market practice. We can also provide assurance that controls are working effectively over a period of time.

Your need for independent valuation?

You need to put in place a challenging mechanism to assess the pricing provided by your primary source?
You want to reconcile pricing differences between two (or more) pricing sources?

Independent Valuation confirmation

Our Investment Management Valuation Team can provide independent pricing for a wide range of financial instruments, including OTC products for challenging mechanism purposes. We also help you to assess the pricing hierarchy principles adopted (Mark-to-Market, Mark-to-Matrix or Mark-to-Model) and to review the assumptions used for that purpose.

You want to reinforce your expertise?

You want to stay up-to-date in an ever-changing environment?
You need your team to be recognised as knowledgeable experts?
Training can be the right solution to facilitate learning and the development of skills, and to improve the performance of specific tasks or roles.

Training Solutions

PwC ACADEMY (www.pwcacademy.lu) offers training solutions tailored to your specific needs aiming to address your specific requests. Those trainings are delivered by professionals who are keen to share on their experience in different environments and who hold the required teaching skills.