Modern Slavery Statement 2022
This statement is published pursuant to Section 54 of the Modern Slavery Act 2015 (“the Act”) on behalf of Quantitative Investment Solutions (QIS) Ltd, a limited company incorporated in England and Wales under number 13312598 (“QIS Risk”).
References to “we”, “our” or “the firm” in this statement are references to QIS Risk. This statement describes the actions and activities taken by QIS Risk to address and remedy modern slavery, and indicates any new steps taken during the calendar year ending 30 September 2021. We are committed to high standards of professionalism, integrity, and ethics in conducting our business. We do not tolerate any form of slavery, servitude, forced or compulsory labor or human trafficking in any part of our business or our supply chains. We aim to ensure that our supply chains are free from slavery and human trafficking.
Organizational structure and supply chains
QIS Risk provides analytics solutions for institutional investors in digital asset markets globally. Our registered offices are in London, UK, which is also the primary team location.
Our supply chain includes data vendors, major IT software and equipment suppliers.
We have continued to assess our supply contracts by size and risk profile as part of our existing procurement processes and to consider the risk of slavery or trafficking being present. Due to the nature of our business, our existing robust recruitment and hiring processes, our existing procurement processes and our straightforward supply chains, we continue to believe that there is an extremely low risk of slavery, servitude, forced or compulsory labor or human trafficking in any part of our business or our supply chains. To date, we have not discovered any modern slavery in our supply chains.
Other steps we continue to take to address these risks include incorporating questions relating to modern slavery as part of the process for selecting contractors and evaluating their performance. We obtain Modern Slavery Statements from our suppliers (where applicable) and any other relevant policies and procedures they have.
We ensure that, where appropriate, all suppliers’ contracts include an anti-slavery and human trafficking clause. Typically, such a clause gives us the right to terminate agreements with suppliers where there are reasonable grounds to suspect involvement in conduct that contravenes anti-slavery legalization. When instructing solicitors we endeavor to use our template engagement letter which requires solicitors to warrant that neither they nor their employees or contractors have been the subject of any investigation in connection with slavery or human trafficking, that they will maintain preventative anti-slavery policies throughout their engagement, and they will immediately notify us if they become aware of any suspected slavery in their supply chain.
We acknowledge that the COVID-19 pandemic has brought challenges that may increase the risk of modern slavery in supply chains, though following a review we do not consider this has impacted our supply chains.
This statement was approved by QIS Risk on October 3rd 2022, who will review and update it annually.