Swiss Life Funds (Group Swiss Life), a subsidiary of Swiss Life Investment Management Holding, Zürich, has successfully implemented Aquin Components' central data management and reporting platform, DVS.
Aquin Components is a leading software solutions provider to the international asset management and fund industry. The DVS platform has been purpose built for the fund industry to support consolidation of fund and historic data and unified fund reporting.
Swiss Life Funds AG is a fund management company providing accounting/ NAV calculation, compliance/ risk management, business development and legal services for its clients. They wanted to improve the storage and accessibility of their fund data to support continued growth of their business. The DVS strategic data hub met all their key requirements providing them with comprehensive investment information consolidated within a single, centralised database.
Consolidated and centralised data
Swiss Life Funds AG's data requirements necessitated a first-rate solution. As established users of Aquin's MIG21, investment compliance software, Swiss Life Funds AG already knew the quality of product and service that Aquin offer and so looked to them to provide a solution to their data requirements.
Swiss Life Funds AG had multiple interfaces providing disparate data from numerous, complex data sources such as Multifonds Infocenter, the Custodian Bank's database, Allocare as well as from different information suppliers like Bloomberg and Telekurs. They were therefore attracted to the DVS platform's capacity to consolidate information into a single data hub. Further inducements were the reliability of the data that the platform offers as well as the platform's inherent flexibility that facilitates tailored reporting of data.
It took only ten months to fully implement the DVS platform, providing Swiss Life Funds AG with a consolidated and quality assured database. Now, multiple departments and systems can access fund data from a single location.
Francesco Rizzello, CEO at Swiss Life Funds AG said "As the complexity of our business grew, so did the management of our data - something key to our customers' needs. As expected we have found Aquin's DVS platform to be the ideal solution for us and our clients. The enhanced reporting functionality of the platform will transform the manner in which we report to our clients and greatly increase the efficiency of report production in this multilingual environment. We pride ourselves on our ability to perform for our clients, and Aquin's DVS platform puts us in a position where we can continue to deliver first class service and results."
"We are delighted to count Swiss Life Funds AG amongst the users of our platform. We are particularly pleased that the implementation of the platform was achieved within such a short time frame, enabling Swiss Life Funds AG and its clients to access the multitude of benefits that the DVS platform has to offer in just ten months." says Roman Harbich, Chief Operating Officer at Aquin.