The Réunica social protection group, one of the leaders in supplementary pensions in France, has chosen Prime MO for transmitting its post-execution transactions to its various depositaries.
Prime MO is the middle-office outsourcing solution developed by CACEIS for asset managers and institutional investors. It comprises a set of standalone tools and services that can be combined based on the specific business needs of each client.
Francis Weber, Réunica's finance director, noted: "We were looking for a solution that would allow us to harmonise our process for transmitting orders on all types of financial products to our various depositary banks. We chose CACEIS's Prime MO. Their web-based tool, OLIS MO, meets all our requirements by centralising our orders and directing them towards whichever depositary we need. This solution also allows us to considerably improve the efficiency and reliability of our order transmission procedures."
This new partnership strengthens the relationship between Réunica and CACEIS, its primary depositary, custodian and valuation agent for its dedicated funds and mandates. Prime MO® integrates perfectly with CACEIS's fund administration and custodial systems, guaranteeing the necessary data quality and consistency for managing the activities entrusted to it by Réunica.