pControl Oversight

Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
Projects allow you to export Registered Vendor details and survey responses for analysis outside of Marsh CND. Please refer to the Marsh CND User Guide for detailed instructions.
Download Registered Vendor Survey responses as PDF
Contact vendor directly with specific questions (ie. pricing, capacity, etc)


pControl Oversight pioneered the ability to create an accurate NAV utilizing the NAV ProtectTM methodology to enable timely validation of externally produced NAVs and, to provide a Backup NAV in the event of a service provider outage, on a single platform.

pControl Oversight is now the category leader in this segment. It is an established cloud-based, enterprise oversight solution that enables clients to independently verify the accuracy of NAVs produced by one or more service providers globally on a consistent and timely basis. pControl Oversight provides standardized data handling, process management, and validations delivering a high confidence solution. It incorporates a fully integrated Backup NAV capability, and provides insurance to organizations seeking operational resilience to deal with the possibility of a limited or multi-day service provider outage.

The capabilities are relevant to fund managers and asset owners who have outsourced fund accounting or middle office functions and have a fiduciary or operating risk responsibility requiring oversight or contingency arrangements for these business-critical functions.

Key Features

Oversight Features:

  • Aggregates data from one or more fund accounting service providers
  • Eliminates the need for spreadsheets and manual collation of data to perform reviews
  • Performs comprehensive industry-standard NAV validations
  • Manages multiple tolerance settings across hierarchies of clients, products, sectors, and portfolios
  • Maintains full audit trail of all validation activity
  • Calculates expected NAV, utilizing unique NAV Protect™ methodology
  • Expected NAV to actual NAV comparison and daily movement analysis identifies valuation exceptions for escalation
  • Intelligent exception management utilizing auto-clearance
  • Online reporting, approval, and release workflows support daily sign-offs

Backup NAV Features:

  • Simple, robust, transparent fail-over workflow
  • Supports all fund types including share classes
  • Accurate over a multi-day outage period
  • Operates with independent data sources
  • Traceability & tracking history to actual NAV
  • Alternate dissemination path

Key Benefits

  • Independent verification of NAV accuracy through the application of an expected NAV as a reference for comparison to the actual NAV. This is equally applicable to outsourced portfolios and non-unitized asset pools.
  • Industry standard NAV validations and data controls over the outsourced service providers’ actual NAV results to demonstrate best practice that is repeatable and audit-able for regulators and stakeholders alike.
  • NAV Protect™ methodology to reliably calculate a contingent backup NAV in the event of service provider outage is designed to eliminate the effort and cost associated with duplicate ‘books and records’ or shadow accounting strategies.
  • Upon service provider outage, no ‘cold start’ delay or effort impact of fail-over to backup NAV release and this process is designed to be maintained and invoked within an existing oversight teams’ capacity.
  • Reduced technology and business operational staffing requirements through fully hosted technology using secure environments, with managed operational service to monitor business processing and data arrival.
  • Alternate source data paths for security prices, benchmarks, exchange rates and corporate actions to eliminate critical dependencies upon the outsourced fund accounting providers’ operations during outage periods.
  • Operates independent of service provider(s) availability

Product/Service details