Oh là là - French Bank Trusts in Aquin Components

Frankfurt - 12 February 2007

CACEIS deploys MIG21 as global compliance solution

With the French CACEIS Group, another global player in the investment management industry chose MIG21 compliance module from Aquin Components. Thus, the Frankfurt specialty software provider for investment management solutions expands its market position in France. Aquin’s MIG21 enables the CACEIS Group to monitor its depository bank and fund management business worldwide. It verifies and manages legal, contractual, and internal investment restrictions for portfolios as well as separate assets, hence fulfils the specific requirements of depository banks and fund administrators. Among other things CACEIS deploys MIG21 compliance solution to generate detailed analyses made available to customers via online portals. By means of a flexible "rule engine", powerful tools for analysis as well as data management and rule violations, MIG21 ensures audit-proof and continuous monitoring of the entire investment process at all times.

"The decision for Aquin allows us the shared use of IT resources for multiple business areas," explains Dominique Pennelier, Global IT Director at CACEIS. "At the same time, we secure seamless risk monitoring and control of our investment processes."

CACEIS is one of the leading financial service providers in Europe. Among its customers are institutional investors as well as asset management companies and large incorporated enterprises. CACEIS has numerous branches in Europe and offers services for depository banks, fund administrations, and corporate trusts.

The MIG21 solution will be deployed by capital investment companies, depository banks, fund management companies, hedge funds, and insurance companies including Allianz Global Investors (formerly DIT - Deutscher Investment Trust), Citigroup, Cominvest, Commerzbank, Credit Suisse, DWS, Pioneer Investments, Union Investment, or Statestreet, among others.

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