Who We Are

HASH Directors

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

As a Director leading the KPMG Cayman Blockchain practice from a technical perspective I was responsible for:

  • 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

As a senior manager in IT Advisory I was  focused on the developments of KPMG in the Cayman Islands’ blockchain audit capabilities. This involves the following:

 

  • 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

As part of the KPMG Cayman Islands IT Security department performing the NITSO delegate role I performed the  following:

 

  • 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)

Petri currently serves as the Chairman of the Blockchain Association of the Cayman Islands.

Digital Cayman

Petri currently sits on the steering committee of Digital Cayman, chairs the Virtual Assets committee and co-chairs the educations committee.

Cryptocurrency Security Standard (CCSS)

Petri currently sits on the steering committee of the CCSS working towards the development and implementation of the CCSS.

Qualifications

Certified Bitcoin Professional (CBP)

Petri has obtained his Certified Bitcoin Professional (CBP) qualification presented by the CryptoCurrency Certification Consortium (C4).

Certified Information System Auditor (CISA)

Petri has obtained the Certified Information System Auditor (CISA) qualification which includes at least five years of relevant work experience and a written examination on the five CISA domains.

  • 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))

Petri has obtained his CA(SA) professional designation which includes 3 years of articles (practical experience) and two qualifying exams.

IT Certificates - Rhodes University (South Africa)

Petri has obtained the following IT related certificates from Rhodes University:

  • 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)

Petri completed his honors degree in Accounting sciences at the University of Pretoria and also obtained Certificate in the Theory of Accounting (CTA).
Danielle Original3

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

As the Manager leading The Catalyst Group’s Digital Asset client portfolio she achieved:

  • 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

As a Senior Fund Accountant, she was focused on the developments of Harmonic’s Digital Asset fund accounting capabilities. This involved the following:

  • 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.

As part of EisnerAmper Cayman’s Islands audit staff she performed the following:

  • 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.

Associations and Non for Profits

Blockchain Association of the Cayman Islands (BACI)

Danielle currently serves as the Treasurer of the Blockchain Association of the Cayman Islands.

Qualifications

Certified Bitcoin Professional (CBP)

Danielle has obtained his Certified Bitcoin Professional (CBP) qualification presented by the CryptoCurrency Certification Consortium (C4).

Chartered Accountant South Africa (CA(SA))

Danielle has obtained her CA(SA) professional designation which includes 3 years of articles (practical experience) and two qualifying exams.

Bachelors in Accounting - Honors - University of Stellenbosch (South Africa)

Danielle completed her honors degree in Accounting at the University of Stellenbosch.

If you want to get in touch and discuss how we can help you please contact us at: hello@hash.direct