Who We Are

Petri Basson
Petri has a unique skill set with experience in finance and IT, having qualified as a Chartered Accountant (CA(SA)) as well as Certified Information System Auditor (CISA).
In the latter part of his career he has focused on digital assets and worked with some of the largest funds and service providers in the space. Petri is also the chairman of the Blockchain Association of the Cayman Islands (BACI) and sits on the steering committee of Digital Cayman and the Crypto Currency Security Standard (CCSS).
Work History
Director IT Advisory - KPMG
- The development of audit approaches for digital assets
- The development plan for digital asset auditing tools
- Technical documentation on different blockchains
- Technical reviews and assessment of different staking and consensus algorithms
- Leading the KPMG Cayman Blockchain technical and development team
- Budgeting and planning for all development projects
- Client care and client relationships
- Performance of SOC1 & 2 engagement on digital asset service provider
Senior Manager - IT Advisory - KPMG
- Development of blockchain audit methodology
- Detailed testing of controls over custody and ownership of assets
- Development of KPMG blockchain explorer tools
- Development of API’s to different exchanges
- Managing a development team
- Running Agile development and setting up and managing sprints
- Detail documentation around System Development Lifecycle
- Performing User Acceptance testing
National Information Security Officer (NITSO) delegate - KPMG
- Performance of monthly security reviews such as firewall reviews, access reviews etc.
- Development and updating of policies and procedures
- Development of internal training to staff
- Internal phishing emails
- Review of compliance to international standards such as ISO27001
- Designing internal awareness emails
- Performing internal security audits
- Review of all security events
Associations and Non for Profits
Blockchain Association of the Cayman Islands (BACI)
Digital Cayman
Cryptocurrency Security Standard (CCSS)
Qualifications
Certified Bitcoin Professional (CBP)
Certified Information System Auditor (CISA)
- Information Systems
- Governance
- Information Systems, Acquisition, Development and Implementation
- Information Systems Operations and Business Resilience
- Protection of Information Assets
Chartered Accountant South Africa (CA(SA))
IT Certificates - Rhodes University (South Africa)
- Certificate in Risk and Controls
- Certificate in IT Strategic Planning and Governance
- Certificate in Systems Development and Implementation
- Certificate in Business Continuity
- Certificate in Technical Infrastructure and Operational Practices
- Certificate in Protection of Information Assets
BCom Accounting Science - Honors - University of Pretoria (South Africa)

Danielle Faul
Danielle is a qualified Chartered Accountant (CA(SA)) and Certified Bitcoin Professional (CBP) with over 5 years’ experience in digital assets space and over 9 years of experience in financial services and operating companies.
As the Independent Director leading Hash Direct Ltd’s digital assets mutual fund portfolio she sits on the first tokenized mutual fund in the world, led digital asset funds through the liquidation process, managed the risk that digital assets bring and are familiar with the process to follow.
Previously Danielle focused on the digital asset Fund Accounting industry and worked with some larger funds in the space and most service providers. She has a deep knowledge of digital asset funds and companies, the practical challenges as well as solutions in the space.
Danielle is the Treasurer of the Blockchain Association of the Cayman Islands (BACI).
Work History
Manager – Digital Assets – The Catalyst Group in Cayman Islands
- Established a mature and viable new Digital Asset product offering and grew the portfolio AUM with over 250%.
- Lead the Digital Asset team to onboard the first regulated, tokenized and administered mutual fund in Cayman Islands.
- Developed proprietary Digital Assets Valuation policies and procedure for major Cayman registered Funds in line with IFRS and US GAAP.
- Developed and implemented a Digital Assets AML policies and procedures that are in line with the AML Regulations and Guidance notes of the Cayman Islands.
- Created subscriptions in-kind procedures in order to get comfort over source of funds and control of Digital Assets.
- Delivered enterprise-wide fundamentals training on AML/KYC procedures, cryptocurrencies, smart contracts and digital asset custody.
- Lead client acquisition and relationship management with specific focus on reviewing Incorporation Documents, SLA establishment, fund/fee structures and consulting on the Cayman fund processes and Digital Asset requirements.
- Assisted the internal audit team with the Digital Assets Practice to achieve SOC certification.
- Developed NAV Packages, reviewed position/market value/trade reconciliations and built extensive knowledge about digital asset data aggregation. Built relationships with data/service providers in the industry.
Senior Fund Accountant - Harmonic Fund Services in the Cayman Islands
- Leading the crypto currency client portfolio NAV calculations.
- Developed accounting practice guidelines and controls for Digital Asset clients.
- Serviced private equity, mutual and crypto currency funds.
- Prepare and review NAV calculations and report to management on Fund activities and performance.
- Assisting with other services such as onboarding of clients, KYC, DD and investor relationships.
- Identify exceptions/problems affecting accounting records, communicating to management, and assisting in their resolution.
- Compile and review financial statements in both IFRS and US GAAP and facilitate the audit process.
Audit Senior Associate - EisnerAmper Cayman Ltd.
- Perform complex US GAAP/IFRS based external audits of multinational hedge funds based in the Cayman Islands and United States.
- Prepared financial statements, including required disclosures to ensure that they are in accordance with the accounting principles and regulatory requirements.
- Compiled and presented audit findings, recommended controls, and business practice improvements to both client and senior management.