OppenheimerFunds Enhances NAV Oversight with Milestone Solution

NAV Oversight is part of Milestone Group’s Fund Oversight focused solution set within its pControl platform.

bob-caporale-milestone-group
Robert Caporale, managing director and head of North America at Milestone Group.

The Fund Oversight solution is part of Milestone's pControl platform that automates a number of fund processing activities for asset managers. OppenheimerFunds, which has about $232 billion under management, started using the pControl platform for NAV oversight in the middle of 2014 in order to validate net asset value calculations provided by their service providers.

Oversight Expansion
Robert Caporale, managing director and head of North America at Milestone Group, says it's important to keep i

To continue reading...