MultiFonds Fund Accounting

With MultiFonds at the heart of a fund accounting and administration operation, the most complex and sophisticated investment fund types and structures can be supported across multiple markets and regulatory jurisdictions. This is achieved in a single database environment without compromise or workarounds.

The “one system-one database” philosophy provides significant advantages including reduced overhead and IT support costs, single look and feel reporting for global clients, staff trained on one system and a single database environment opens up significant efficiency opportunities.

MultiFonds Fund Accounting is a multi-currency, multi-lingual and real-time system. Its architecture and use of leading-edge industry standard development tools ensure almost limitless scalability. Extensive use of user-definable parameters and relational database architecture guarantees ongoing systems adaptation to meet new product, business and regulatory demands.

The system is fully compliant in more than 20 key locations, including France, Germany, Hong Kong, Ireland, Italy, Liechtenstein, Luxembourg, Singapore, the UK and the US. MultiFonds also integrates the most powerful and unique workflow management tools in the industry to help improve efficiency, quality and meet the tightest NAV and distribution deadlines.

MultiFonds Fund Accounting functionality has been designed as a series of fully integrated modules. Clients select the modules needed to support their book of business and IGEFI activates the relevant functionality when needed.

MultiFonds also combines extremely powerful security and control features together with excellent audit trail and “audit friendly” features.

MultiFonds Fund Accounting supports:

  • All major fund types including:
    Mutual funds
    Pension funds
    Unit trusts
    Life and Insurance funds
    Alternative funds
    Real estate funds
  • A large number of fund structures including:
    Multi-class
    Multi-manager
    Segment funds
    Complex pooling arrangements
    Fund of funds
    Umbrella funds
  • A virtually exhaustive list of:
    Instrument types (including derivatives)
    Corporate action types
    Valuation and accounting methodologies
    Market specific requirements (tax, legal)
  • All European and US pricing methodologies including:
    Dual with automated dealing cost accruals i.e. Mid, Bid and Offer pricing
    Fully automated swing pricing
    Spread pricing
  • Efficiency and workflow tools including:
    Workflow scheduling for multiple intraday NAV production
    Security level price scrubbing and validation
    Security level corporate action processing
    Interface mapping
    Fund migration
    Fund rebasing
    NAV distribution
    Annual report preparation and publishing
    Compliance and investment restrictions monitoring
    Uni-code reporting
    Multi Time-zone

From international fund promoters to third party investment fund service providers and fund managers, MultiFonds Fund Accounting meets investment needs, each day, every day.