Is your fund ready to meet the expectations of super funds under APRA's Prudential Standard CPS 230 Operational Risk Management? Take a complimentary security assessment to evaluate your readiness, or join us in Sydney with EY as we explore what to expect and how you can benefit.
What do superannuation fund trustees expect and how do you stand to benefit from proactive compliance?
Join us as we hear from the EY CPS 230 advisory team on the expectations from superannuation funds, and the range of benefits to Investment Managers from proactive, considered compliance with CPS 230 obligations.
See if your business will meet the expectations of the upcoming CPS 230 Operational Risk Management standard. Complete your complimentary CIS Critical Security Controls assessment tailored for investment data and operations. Find out more.
2025 is a critical year for CPS 230, with the Australian Prudential Regulation Authority (APRA) expecting super funds to evidence external investment manager compliance. The Prudential Standard CPS 230 is aimed at bolstering resilience against cyber threats, data breaches, and service disruptions for APRA-regulated entities, such as super funds. One of the requirements is to effectively manage the risks associated with service providers, through a comprehensive service provider management policy, agreements and robust monitoring. Super funds will need to identify and maintain a material service provider register, ensuring third-party risk management. As a result, it is increasingly expected of investment managers to demonstrate strong and reliable cybersecurity, operational resilience, and faster business disruption response capabilities.
AlphaCert empowers investment managers to meet the expectations of APRA-regulated super funds by safeguarding investment data, ensuring business continuity, and facilitating compliance with regulatory expectations. Fast-track your fund's compliance, safeguard sensitive investment data, and implement effective operational risk controls to promote business continuity and retain mandates.
In partnership with 4Walls Cyber Advisory, AlphaCert provides investment managers with a tailored security assessment specifically designed for investment data and operations. Access your assessment through a secure dashboard at no cost. Make informed data security decisions and measure your alignment with super fund expectations under Prudential Standard CPS 230, alongside other regulatory standards. By creating a secure dashboard, you can easily manage your assessment, track your progress over time, and ensure ongoing data security improvements.
How to access your free data security dashboard:
1. Create a secure account. Click the button and sign up. It's free to open an account.
2. Complete the self-assessment. Complete and submit the questionnaire. Check your inbox for an email from 4Walls Cyber Advisory requesting you set a password to access your dashboard.
3. Improve your data security. Track your data security position using the interactive dashboard. As you implement improvements, re-assess your position and update your dashboard.
Enforce investment data security controls using AlphaCert’s market leading investment data management platform. AlphaCert extends ISO 27001 cyber-security compliance to your investment operations providing best-practice data protection, disaster-recovery, and access controls.
CPS 230 reinforces the legal responsibility on external investment managers for unit price accuracy, even when outsourced to a custodian. AlphaCert verifies unit pricing and NAV calculations, improving recovery time objectives (RTO) for this essential operational oversight function.
The ability for external investment managers to prove adherence to investment mandates significantly de-risks outsourced investment operations for super funds. AlphaCert enables rigorous post-trade compliance analysis, identifying discrepancies and minimising reputational risk.
Enforce investment data security controls using AlphaCert’s market leading investment data management platform. AlphaCert extends ISO 27001 cyber-security compliance to your investment operations providing best-practice data protection, disaster-recovery, and access controls.
CPS230 reinforces the legal responsibility on external investment managers for unit price accuracy, even when outsourced to a custodian. AlphaCert verifies unit pricing and NAV calculations, improving recovery time objectives (RTO) for this essential operational oversight function.
The ability for external investment managers to prove adherence to investment mandates significantly de-risks outsourced investment operations for super funds. AlphaCert enables rigorous post-trade compliance analysis, identifying discrepancies and minimising reputational risk.
Better understand how CPS 230 impacts your business, why immediate action matters, and how you can strengthen your CPS 230 compliance posture with AlphaCert's data management platform and guidance. Learn more in our short guide.
Prudential Standard CPS 230 Operational Risk Management introduces obligations that directly impact investment managers who serve as material service providers to APRA-regulated entities. This standard focuses on operational resilience, requiring investment managers to demonstrate robust risk management practices for critical services provided to their regulated clients.
Under CPS 230, investment managers must align with APRA-regulated clients' business continuity planning and operational risk controls. The standard mandates clear identification and management of operational risks, including cyber threats, significant disruptions, and data breaches, ensuring services provided remain reliable and within agreed tolerance levels.
AlphaCert empowers fund managers to meet CPS 230 requirements through automated workflows, real-time risk monitoring, and seamless integration with existing systems. Our investment data management platform ensures data integrity, transparency, and continuity.
Ensure operational resilience for CPS 230 compliance. Get in touch with our team.