IFAG Institutionelle Fondsleitung AG (Liechtenstein) recently went live with the MultiFonds Fund Accounting platform from IGEFI Group Srl (IGEFI).
The MultiFonds platform is a core component of IFAGs Funds Administration strategy to offer value and reliable client services.
MultiFonds is a multi-currency, multi-lingual, multi-jurisdictional system that operates on a real-time basis. The system makes extensive use of user-definable parameters, providing clients with immense efficiency gains, unlimited flexibility for supporting a wide variety of products and country-specific requirements.
“One of the major decision drivers for selecting IGEFIs MultiFonds was the outstanding capabilities of the MultiFonds platform, which is very much aligned with our Asian and local markets oriented business strategy,” says Markus Gitz, member of the administrative board, IFAG. “We expect that asset managers and institutional investors are looking for a state-of-the-art, multi-market approach solution to investment accounting. This will ideally be achieved by a good partnership with IGEFI.”
“We would like to thank IFAG for closely collaborating with us,” says Bertil Rouveure, CEO of IGEFI. “This partnership further underpins that MultiFonds also fits ideally into smaller, fast growing investment management companies, who want to embrace industry best practices in fund accounting and straight-through processing.”
“This win further strengthens our leading position as the preferred fund accounting vendor in the Liechtenstein marketplace,” says Stefan Schulz, managing director, IGEFI Germany.
L.D.