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Multifonds ends year on a five award high

Multifonds, a leader in single-platform, multi-jurisdictional investment fund software, is pleased to announce the latest in a series of prestigious award wins in the US and Europe.

Multifonds’ fifth win during 2014 caps a great year of awards across the platform – for fund and portfolio accounting combining ABOR and IBOR, as well as for transfer agency and investor servicing:
• Waters Rankings – Best Accounting System Provider
• Global Custodian Awards – Best Transfer Agency Platform
• Custody Risk Americas Awards – Post Trade Technology Vendor of the Year
• Banking Technology Awards – Best Post-trade Processing Product/Service
• Custody Risk Europe Awards – Post-Trade Technology Vendor of the Year

Oded Weiss, Multifonds’ CEO, said: “We are delighted to have received such widespread recognition following another very successful year and we would like to thank our clients for their ongoing support. It is always pleasing to receive recognition directly from our clients whose votes reflect their positive experience of using our platform, as well as the endorsement from expert industry judges.

“Our clients, the third-party administrators, insurance companies and asset managers are looking to put more business onto our platform, process more transactions and support increasing numbers of investors, while at the same time reducing their operational costs through efficiency and catering for the regulatory change agenda cost effectively. This is a big challenge and our ongoing investment in the product is all about helping our clients to achieve this; providing them with a single platform to support their global operating model via workflow and exception processing, KPIs to monitor and manage their efficiency as well as implementing new regulations. It is extremely beneficial for our clients to be able to run their global business across asset classes on one platform; with Multifonds not only can they achieve this but they can do it in a highly efficient and scalable way.”

Today more than $5 trillion in assets across more than 30 global jurisdictions are processed on the Multifonds platform, which provides fund and portfolio accounting, investor servicing and transfer agency for both traditional and alternative funds.