Trilinear Investment Management selects Fundamental Portfolio Manager

Cape Town - 26 March 2010

Trilinear Investment Management has chosen Fundamental Software, a financial services products company based in Cape Town, to implement its asset administration platform, Fundamental Portfolio Manager (FPM), into their production environment. The software will replace Trilinear’s existing legacy platform, and will result in a more robust, independent and market standard solution.

Fundamental has spent the last three years rewriting the third generation of its flagship application into a pure Microsoft C# .Net framework. The end result is a solution which is internationally regarded as being at the leading edge of the technology evolution, and unique in the global context given the current nature of its technology framework.

“It has been a long road, but we are tremendously proud of what has been achieved in the application, and the overall level of capitalisation of FPM”, comments Craig Arenhold, CEO of Fundamental Software. “From humble beginnings it has become a truly world class solution”.

“FPM Version 3.0 meets all of our asset management requirements,” says Robin Lovell, Chief Operating Officer at Trilinear Investment Managers. “We look forward to not only developing a long term successful relationship with Fundamental, but also in sharing in the success of the latest version of FPM.”

The FPM is an integrated front-to-back asset management platform covering the full spectrum of asset management, from order initiation right through to client reporting. “It provides us with the ability to manage investment portfolios and client relationships with ease, while minimising associated administrative and routine processing tasks.”

According to Arenhold the new Version 3.0 offers, apart from the technology advances which are themselves an enabler for accessing data, an integrated General Ledger which effectively ensures that all client portfolios are always in balance. “As with its legacy versions, Fundamental continues to pride itself in its ability to solve the local taxation idiosyncrasies in an integrated way; both S24j of the income tax act, as well as capital gains tax are solved within the FPM”, comments Arenhold.

The implementation of the Fundamental Portfolio Manager in the Trilinear Investment Managers’ environment represents a major victory for Fundamental. Through the course of its redevelopment, Fundamental has been running two projects in parallel; namely Allan Gray Limited and Personal Trust International. “Trilinear Investment Managers represents our first independent client signing outside of those two clients in the past three years and, as a result, is a significant win for us as a business. This augurs well for our future positioning as the preemptive asset management systems provider in South Africa”, Arenhold concludes.

The project officially commences in April 2010, with a planned move into production at the mid-year point.

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