[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-246444-105":3,"doc-detail-246444-en":81,"detail-sidebar-cat-1-en-105":97},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","gips-standards-model-rfp-template-a-guide-to-compliance-and-verification-questions","GIPS Standards Model RFP Template - A Guide to Compliance and Verification Questions","","A model RFP template that streamlines how investors request information about a firm’s compliance with the GIPS® Standards. It explains why GIPS compliance matters for complete, fairly presented performance information and clarifies how compliance can be achieved only on a firm-wide basis. It also summarizes key facts for compliance and verification, outlines essential policies and procedures, and highlights common incorrect or invalid RFP questions to avoid.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/gips-standards-model-rfp-template-a-guide-to-compliance-and-verification-questions/246444/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/gips-standards-model-rfp-template-a-guide-to-compliance-and-verification-questions/246444.png","ImageObject",442,249,{"name":42,"@type":43},"Mason","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-19","2026-09-12",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",6,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What does the GIPS Standards Model RFP Template help with?","Question",{"text":63,"@type":64},"It provides guidance and suggested standardized questions for RFPs related to GIPS standards compliance and verification.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"Can portfolios, pooled funds, composites, or managers comply with the GIPS standards?",{"text":68,"@type":64},"No. Compliance can be achieved only by a firm on a firm-wide basis; portfolios, pooled funds, composites, and individual managers cannot comply.",{"name":70,"@type":61,"acceptedAnswer":71},"Does verification guarantee the accuracy of a specific performance report?",{"text":72,"@type":64},"No. Verification provides assurance that the firm’s policies and procedures related to composite and pooled fund maintenance and performance calculation, presentation, and distribution are designed and implemented in compliance, not that a specific report is accurate.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},246444,1790518061,{"code":4,"msg":82,"data":83},"success",{"doc_id":79,"user_id":84,"nickname":42,"user_avatar":85,"doc_module":22,"category_id":86,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":87,"file_id":88,"file_url":89,"file_type":90,"file_size":91,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":26,"language":92,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":93,"faqs":94,"seo_title":95,"seo_description":12,"update_tm":96,"read_time":22},5909887256941,"https://ap-avatar.wpscdn.com/davatar_9964176cb1d06d4a9deccf72a44ae3dc",18,"GIPS ® Standards Model RFP Template  \nA guide to questions in RFPs related to compliance with the GIPS standards.  \nWHY A GIPS STANDARDS MODEL RFP TEMPLATE?  \nWhen investment firms comply with the Global Investment Performance Standards (GIPS®), they help assure investors that the firm’s investment performance is complete and is fairly presented. Both current and prospective clients and pooled fund investors benefit from a global investment performance standard by having a greater degree of confidence in the performance information presented to them.  \nWe understand that the Request for Proposal (RFP) process is challenging and time consuming for investors seeking information regarding a firm’s investment strategies and products. This guide was created to streamline the process and to address the sections in RFPs related to compliance with the GIPS standards.  \nAlthough the GIPS standards have evolved over the past 20+ years, many GIPS standards-related questions on RFPs have not. We are aware that outdated and incorrect questions are still being incorporated into some RFPs. We hope this template eases the burden of the RFP process as it relates to GIPS compliance and verification.  \nWHAT THE TEMPLATE WILL TELL YOU  \nThe template is designed to provide guidance and clarity on the “right” questions to include in RFPs related to compliance with the GIPS standards and verification.  \nKey elements of GIPS compliance and verification are summarized to help investors interpret RFP responsesand also assist firms in submitting complete and accurate information.  \nThe GIPS Standards Model RFP Template provides suggested standardized questions.  \nKEY DETAILS FOR RFP QUESTIONS RELATED TO THE GIPS STANDARDS  \nGIPS Compliance and Verification Facts  \n• Compliance with the GIPS standards can be achieved only by a firm, on a firm-wide basis. Portfolios, pooled funds, composites, and portfolio managers cannot comply with the GIPS standards.  \n• Firms complying with the GIPS standards may choose tobe verified. Verification is recommended but not required.  \n• Only firms are verified—not composites, pooled funds, performance, or the claim of compliance.  \n• Verification must be conducted by an independent third party.  \n• Verification provides assurance on whether the firm’s policies and procedures related to composite and pooled fund maintenance, as well as the calculation, presentation, and distribution of performance, have been designed in compliance with the GIPS standards and have been implemented on a firm-wide basis.  \n• There are no “levels” of compliance or verification. Firms either comply with the GIPS standards or they do not. Firms either are verified or they are not.  \n• Verification does not provide assurance on the accuracy of any specific composite, pooled fund, or performance report.  \n• A firm may choose to have a performance examination to assess the accuracy of a specific composite or pooled fund and its associated GIPS Report. A performance examination can only be performed either concurrently with or subsequent to the completion of a verification.  \n[www.gipsstandards.org](www.gipsstandards.org) © 2021 CFA Institute. All rights reserved. | 1  \nGIPS® Standards Model RFP Template  \nPolicies and Procedures Facts  \n• Properly defining the firm is the foundation for firm-wide compliance and creates defined boundaries whereby total firm assets can be determined.  \n• A firm that does not meet all of the requirements of the GIPS standards must not represent or state that it is “in compliance with the GIPS standards except for…”or make any statements that indicate partial compliance with the GIPS standards.  \n• Firms must have available information about all composites and pooled funds and must provide it to prospective clients and pooled fund investors upon request.  \n• Firms must document all policies and procedures used in establishing and maintaining compliance with the GIPS standards, which demonstrates a firm’s commitment to","cbCaiqJ1Y7PcU7xR","https://ap.wps.com/l/cbCaiqJ1Y7PcU7xR","pdf",50550,"English","# Key details for RFP questions related to the GIPS standards\n## GIPS compliance and verification facts\n## Policies and procedures facts\n## Eliminating incorrect and invalid questions","[{\"question\":\"What does the GIPS Standards Model RFP Template help with?\",\"answer\":\"It provides guidance and suggested standardized questions for RFPs related to GIPS standards compliance and verification.\"},{\"question\":\"Can portfolios, pooled funds, composites, or managers comply with the GIPS standards?\",\"answer\":\"No. Compliance can be achieved only by a firm on a firm-wide basis; portfolios, pooled funds, composites, and individual managers cannot comply.\"},{\"question\":\"Does verification guarantee the accuracy of a specific performance report?\",\"answer\":\"No. Verification provides assurance that the firm’s policies and procedures related to composite and pooled fund maintenance and performance calculation, presentation, and distribution are designed and implemented in compliance, not that a specific report is accurate.\"}]","GIPS Standards Model RFP Template - A Guide to Compliance and Verification Questions | PDF",1789235655,{"code":4,"msg":82,"data":98},[99,104,109,114,119,124,129,132,137],{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},11,"Presentations",90,"presentations",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},12,"Resumes",80,"resumes",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":111,"show_sort_weight":112,"slug":113},14,"Invoices",70,"invoices",{"id":115,"doc_module":22,"doc_module_name":25,"category_name":116,"show_sort_weight":117,"slug":118},15,"Posters",60,"posters",{"id":120,"doc_module":22,"doc_module_name":25,"category_name":121,"show_sort_weight":122,"slug":123},16,"Social Media",50,"social-media",{"id":125,"doc_module":22,"doc_module_name":25,"category_name":126,"show_sort_weight":127,"slug":128},17,"Forms",40,"forms",{"id":86,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":130,"slug":131},30,"letters",{"id":133,"doc_module":22,"doc_module_name":25,"category_name":134,"show_sort_weight":135,"slug":136},21,"Paper Templates",5,"papers-templates",{"id":138,"doc_module":22,"doc_module_name":25,"category_name":139,"show_sort_weight":4,"slug":140},158,"General","general-158"]