Comarch Portfolio for AEGON PTE

15 November 2007

Comarch has concluded an agreement with AEGON PTE to implement Comarch Portfolio, a system for pension fund accounting and valuation. AEGON PTE is a pension fund holding assets in excess of PLN 3 billion. March this year saw the successful implementation of Comarch Portfolio (now known as Comarch Asset Management) at AEGON Life Insurance, part of the AEGON capital group. The application performs accounting functions for insurance funds managed by AEGON Life Insurance SA, and in particular the registration and accounting of asset operations and valuations.

“Comarch aims to build long-term relationships with customers based on professional software and excellent service. Following the successful implementation at its life insurance company, AEGON has now decided to automate its pension fund business processes. Thanks to AEGON PTE joining our customer list, sixty per cent of assets in open pension funds are now serviced by Comarch systems” - says Grzegorz Prosowicz, Consulting Mananger, Banking, Insurance and Capital Markets, Comarch SA.

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