Multifonds

Multifonds (formerly known as IGEFI) is a financial software company based in Luxembourg specialising in investment funds. It provides fund accounting, transfer agency and portfolio accounting software to asset managers, global custodians and third-party investment fund service providers. Companies using Multifonds products include Brown Brothers Harriman, BNP Paribas, Credit Suisse, Citi, EFA, HSBC, Northern Trust, RBC Dexia, Robeco, Standard Chartered, SocGen and Union Investment.
Multifonds was founded in 1995, under its previous name of IGEFI, and employs approximately 300 people worldwide. Aside from its headquarters in Luxembourg, it has offices in Singapore, Hong Kong, London, New York, Bangalore, Boston, Frankfurt, Geneva and Paris.
The chief executive is Oded Weiss, a former partner at McKinsey & Company in New York, where he was head of the wholesale banking operation and technology practice. Other board members include the executive chairman, Bertil Rouveure and non executive directors representing Summit Partners Bruce R. Evans, Scott Collins and Adam de Courcy Ling.
Products
From day one back in 1995, Multifonds has been committed to a unique 'one system, one database' philosophy. Multifonds' founding vision and ongoing drive for excellence has created an over-arching solution to replace expensive in-house platforms or the typical patchwork of third-party vendor systems operating in isolation.

Multifonds
Has been developed on a single Oracle platform using leading edge, industry standard tools. The design is based on relational database architecture and user-defined parameters which can be configured quickly and easily to support a wide variety of products and country-specific requirements.
Multifonds is scalable and handles almost limitless volumes of data.
The result is a single platform system capable of handling multiple jurisdictions, asset classes, fund structures, locations, time zones, currencies and languages. It offers operational efficiencies and unique flexibility to meet new product, business and regulatory demands and opportunities as they arise.
Truly global: Enables different teams in multiple locations to undertake discrete tasks within the operational model
Significantly reduces costs: A common processing model reduces the costs and risks of ownership of multiple in-house or third-party legacy platforms, while increasing process quality and control.
Transfer Agency
Asset managers and service providers are increasingly using Multifonds for middle office processing. Multifonds Portfolio Accounting provides comprehensive valuations (including real time, projected, 'as of' plus a broad range of user-defined options), confirmation processing, position keeping, investment accounting as well as connectivity for multi-custodian, multi-cash account environments. Accounting functions include settlements management and tax reclaim processes.
It can be either a fully synchronized part of Multifonds Fund Accounting NAV processing - saving the re-capture of transactional, reference and pricing data - or a stand-alone application interfaced to a third party fund accounting system.
Multifonds Portfolio Accounting is the ideal solution to increase efficiency and transparency and provide comprehensive real-time information.
Portfolio Accounting
Multifonds Portfolio Accounting provides comprehensive valuations (including real time, projected, 'as of' plus a broad range of user-defined options), confirmation processing, position keeping, investment accounting as well as connectivity for multi-custodian, multi-cash account environments. Accounting functions include settlements management and tax reclaim processes.
It can be either a fully synchronized part of Multifonds Fund Accounting NAV processing - saving the re-capture of transactional, reference and pricing data - or a stand-alone application interfaced to a third party fund accounting system.
Multifonds Portfolio Accounting is the ideal solution to increase efficiency and transparency and provide comprehensive real-time information.

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