Investment Accounting Modernization Made Easy
Temenos Multifonds enable you to effortlessly migrate to the next-generation accounting platform on SaaS to drive ultimate operational efficiency.
From Legacy to Next-Generation
What should take 18 months, we can make it 6 months
Running low-efficiency, costly, and siloed legacy systems has always been a pain for many asset managers and fund administrators. Why do IT key decision-makers still hesitate to make changes? One key reason is the painful and potentially failing migration & implementation process.
Why can’t modernization be made easy?
Temenos Multifonds has over 25 years of experience in calculating official NAV, supporting over 30,000 funds across 35 jurisdictions. 9 out of the top 15 global administrators are running on Temenos Multifonds systems. With specialized Mig tool and rich experience in implementation, we helped global asset managers and fund administrators, big or small, successfully migrate from legacy to a future-ready platform.
Successfully migrate over 900 funds in a single weekend
“The move to Temenos Multifonds frees us from legacy constraints to accelerate our digital transformation and increase operational efficiency.”
Daniel Shaughnessy. Operations and Process Improvement Director, Canada Life UK
Multifonds Investment Accounting
Temenos Multifonds supports traditional and alternative funds and combines key asset servicing, position keeping, valuation and accounting functions for all structures of pooled vehicles and funds.
Fully integrated IBOR/ABOR solution
A flexible, real-time investment accounting engine with integrated Investment Book of Records (IBOR) and Accounting Book of Records (ABOR) and Multi-book accounting for parallel local GAAP, IFRS and tax books.
Each investment transaction automatically creates journal entries.
No alignment or reconciliation is required.
Integrated workflow and exception management
An exception-driven workflow and over 300 user definable controls to empower users to improve their own efficiency and service quality while meeting the tightest NAV and distribution deadlines.
Online real-time views, with drill-down. No need to export data for manual checking. Ability to link workflow to reporting.
Real-time processing
Compare to the legacy systems that are batch-orientated, Temenos Multifonds has real-time processing platform.
Backdated trades will automatically roll-back and repost subsequent activity without the need for any manual reprocessing.
Specialized Migration Tool: high scalable, repeatable and rapid deployment
A full end-to-end data migration solution: supports an iterative and repeatable process, supports parallel processing of funds.
Ability to automate data transformations, validations and reconciliations.
Ability to roll-back in the event of errors.
Success Stories
6 Months, 1 Big bang migration
Size: 100 Funds, 45K positions, 3.5K open tax parcels, $85Bn
FTE:2 MF Consultants at 75% on the project
Training: 4 weeks of training for client to be self-sufficient
1 Big Bang migration
Size: 12 Funds, 6400 Security Positions
FTE – 1 MF Consultant at 60% on the project
10 weeks, migrate in 2 phases
Size: 811 Funds
Training:1 month training (25 man days) for client to be self-sufficient
Phases: 2 phases less than 3 months
Our World-wide Successful Clients
Measurable success
9 of the top 15
global fund administrators supported
30+ countries
30000+ funds
supported
$10 trillion
assets supported
Talk to us
Thank you for your interest, our dedicated consultants will be in touch soon.