South African fund administrator Curo Fund Services (Curo) has selected Milestone Groups pControl platform to service multi-manager and life clients.
Using pControl, Curo will automate processes such as NAV / unit pricing, cash allocation and rebalancing, unitised order management and income distribution. Curo will also leverage pControls integrated reconciliation, accounting and data manager capabilities, delivering process transparency and audit trail across the board for multi-manager and life clients.
Efficiency, value and transparency are the most important things to us and our clients, said Hank Pienaar, managing director of Curo. As the funds industry in South Africa matures, it becomes increasingly important to deliver on all these fronts. This is a significant step for Curo, with pControls inherent flexibility providing a solid platform for enhanced automation across the business.
(JDC)