Multifonds wins third top award to complete successful year
London, December 6, 2012 -- Multifonds, a leader in single-platform, multi-jurisdictional investment fund software, is proud to announce that readers have voted it Best Post-trade Processing Product/Service at the Banking Technology Awards 2012.
This news comes hot on the heels of Multifonds winning "Technology & Trading Provider of the Year: Back Office" at the Funds Europe 2012 awards, and "Best Portfolio Accounting Platform" at the Waters Technology 2012 Buy-Side Technology Awards earlier this month.
Oded Weiss, Multifonds' CEO, said: "This is a great way to cap off an important year for Multifonds. In 2012 we launched Multifonds Global Investor to give our users the only investor servicing and transfer agency product that can offer a combined long-only and alternatives solution. We are proud to have now received award recognition for the three core strands of our business - Fund Accounting, Portfolio Accounting and Global Investor."
"What makes this latest win particularly pleasing is that it is from a reader vote, so reflects the positive experience users have from the Multifonds platform", Weiss added. "To have this recognition direct from our customers - in addition to our industry peers via the Funds Europe 2012 and Waters Technology 2012 Buy-Side Technology Awards - is fantastic."
Multifonds' three integrated products operate on a fully scalable and flexible single architecture. The recently launched Multifonds Global Investor product supports the convergence of mutual and alternative funds on one platform for investor servicing and transfer agency. In addition, its approach to portfolio accounting is unique in that it combines the Investment Book of Records (IBOR) and Accounting Book of Records (ABOR) on a common platform, sharing the same static data and providing start-of-day position and real-time cash flow projection capabilities. Finally, the Multifonds Fund Accounting platform supports more than $2.2 trillion of assets for American, European and Asian funds on a single, highly efficient, exception-driven platform.