Somerset,
NJ – April 22, 2004. The Spaulding Group (TSG) announced today
that they have formed a non-profit Blue Ribbon Committee which is
working on the development of a Certification Program for individuals
working in the area of investment performance measurement.
"We surveyed the industry six years ago and determined that there
was interest in a certification program, but delayed implementing
it for a variety of reasons" said Patrick Fowler, Senior Vice
President of TSG. "We completed another survey recently which
showed more than 75% support for a certification program."
"We've assembled an outstanding international group of professionals
to participate in this effort," said David Spaulding, President
of TSG. The committee is made up of members of the Performance Measurement
Forum, a membership group The Spaulding Group created more than five
years ago. Members include Carl Bacon (StatPro), Jennifer Cahill (Grantham,
Mayo, Van Otterloo), Sandra Hahn-Colbert (Neuberger Berman), Darren
Crowley (Pictet Asset Management), Bruce Feibel (Eagle Investment
Systems), Claude Giguère (FMC), Sabina Hastings (The Spaulding
Group), Paul Johnson (State Farm), Todd Juillerat (Banc One Investment
Advisors), Jean-Pierre Mittaz (Goldman Sachs Asset Management), Neil
Riddles (Hansberger Global Investors), Martin Schlieman (Ernst &
Young), Patrick Schumacher (Russell/Mellon Analytical Services), Lucy
Schwartzman (J & W Seligman), John Simpson (Integrated Decision
Systems), Grant Strang (KPMG), Ian Thompson (AFA Systems), Craig Wietz
(First Rate Investment Systems), and Cecilia Wong (BaseTwo Investment
Systems).
The committee has been meeting since January. The certification will
be under the auspices of the Foundation of Investment Performance
Professionals, a non-profit corporation recently created by The Spaulding
Group. The examination is expected to last three hours and will be
administered for the first time in November 2005.
For more information on the certification program, contact Patrick
Fowler (732-873-5700; PFowler@SpauldingGrp.com).
The
Spaulding Group, Inc. is an information provider and management consulting
firm that serves the money management industry in the areas of performance
measurement and reporting, computer technology, operations, and marketing.
TSG publishes The
Journal of Performance Measurement®, a quarterly publication
they launched in 1996, and hosts the Performance Measurement Forum.
Through its Institute of Performance Measurement, the firm offers
performance measurement training, including a two-day
introductory course on performance measurement, a one-and-a-half-day
course on performance attribution, and a one-day performance measurement
course for plan sponsors and consultants. TSG also hosts an annual
Performance Measurement,
Attribution and Risk Conference (PMAR™) scheduled for May
17-18, 2004 in New York City.The company was founded in 1990 by David
Spaulding and provides performance resources to financial institutions
throughout the world. Other details about TSG's services may be obtained
from its website: www.SpauldingGrp.com.
