Operational and Compliance Issues
Smartvest uses a locally developed IT system called GSAM for client portfolio record keeping and reporting. GSAM is an integrated system for both fund management and unit trusts operations and was jointly developed by Smartvest and the system vendor Gee-Soft systems to ensure the system is robust, flexible and has the ability to work in any environment.
The Smartvest structure ensures a proper separation between the front office and the support services, with the respective heads reporting directly to the Managing Director.
This is augmented by physical separation of departments. The IT systems in place also ensure a similar separation with investments done by the front office while the support service confirms and does the settlements.