How does GIPS certification affect the transparency and accuracy of digital asset performance reporting?

3 answers

• Mohamed DibiNov 16, 2024 · 7 months ago
  GIPS certification, which stands for Global Investment Performance Standards, is a set of ethical standards and guidelines that investment firms can voluntarily adhere to. By obtaining GIPS certification, firms demonstrate their commitment to providing accurate and transparent performance reporting for their clients. This certification ensures that the reported performance of digital assets is calculated and presented in a consistent and standardized manner, allowing investors to compare the performance of different firms and make informed investment decisions. GIPS certification also requires firms to disclose all relevant information regarding the calculation methodology, including any assumptions or limitations, further enhancing transparency and accuracy in reporting digital asset performance.
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• MylenApr 14, 2024 · a year ago
  GIPS certification plays a crucial role in improving the transparency and accuracy of digital asset performance reporting. With GIPS certification, investment firms are required to follow a standardized set of rules and guidelines when calculating and reporting the performance of digital assets. This ensures that the reported performance is consistent and comparable across different firms, making it easier for investors to evaluate and compare investment options. Additionally, GIPS certification requires firms to disclose all relevant information and assumptions used in the performance calculation, which enhances transparency and allows investors to make more informed decisions. Overall, GIPS certification helps to establish trust and credibility in the digital asset industry by promoting accurate and transparent performance reporting.
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• Jenda FedurcoJun 10, 2021 · 4 years ago
  At BYDFi, we recognize the importance of GIPS certification in ensuring transparency and accuracy in digital asset performance reporting. GIPS certification provides a standardized framework that allows investors to compare the performance of different investment firms in a fair and consistent manner. By adhering to GIPS standards, we are committed to providing accurate and transparent performance reporting for our clients. This includes disclosing all relevant information and assumptions used in the performance calculation, as well as following a consistent methodology. GIPS certification helps us build trust with our clients and demonstrates our dedication to providing reliable and trustworthy digital asset performance reporting.
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