IGEFI Group Sàrl (IGEFI), a leading provider of technology solutions to the global financial services industry, announces that IFAG Institutionelle Fondsleitung AG (Liechtenstein) recently went live with the MultiFonds Fund Accounting platform.
The MultiFonds platform is a core component of IFAG´s Funds Administration strategy to offer high value and first class 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.
Markus Gitz, member of the administrative board at IFAG states, "One of the major decision drivers for selecting IGEFI´s MultiFonds was the outstanding capabilities of the MultiFonds platform, which is very much aligned with our Asian and local markets oriented business strategy. 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."
Bertil Rouveure, CEO of IGEFI, expresses his delight with the smooth and successful migration onto MultiFonds over the last months and says "We would like to thank IFAG for closely collaborating with us. 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."
Stefan Schulz, Managing Director IGEFI Germany adds "This win further strengthens our leading position as the preferred fund accounting vendor in the Liechtenstein marketplace."