FRSâs Invest|Proâ¢ is an investment administration system which enables financial institutions to efficiently manage collective unitised funds, personalised portfolio bonds and self invested pensions. FRS is an Irish company and was founded by a group of senior actuaries in 1999.
Invest|Proâ¢ is fast becoming Europeâs top fund administration system Invest|serving the life assurance and wealth management industry.
Peter Caslin, FRS CEO noted; âIn a European finance market with an increasing focus on controls in the back office, Invest|Proâ¢ continues to gain wider usage among top Life Assurance companies. The system appeals to a growing number of firms particularly since we introduced the integrated tax functionality, statutory regulatory reporting and the ability to handle more complex fund structures. Life Assurance offices use the system to address their clientsâ needs with greater ease.â
Accenture Insurance Services, Italy and LCL, Isle of Man are both specialist Third Party Administrators serving the Life Assurance Industry. Invest|Proâ¢ now forms an important part of their outsourced service offering to the industry.
Stuart Fairclough, chairman of LCL said; âFRS have added real value to our organisation and to our third party administration offering. We are very happy to endorse their system, Invest|Proâ¢â