Temenos Multifonds for Insurance Accounting
A single, global, cloud-ready solution for administering complex multi-tiered portolio structures to help the world’s leading life insurers enter new markets, launch new services and grow business.
The Leading Platform for Insurance Accounting
Deliver increased levels of transparency and automation across complex portfolio structures for unitized/unit-linked and general account assets, for your business, stakeholders and regulators.
Single, global platform
A single, global platform to support daily, weekly and monthly reporting as well as daily calculations for the most complex and sophisticated fund and portfolio structures, including local GAAP, IFRS, multi-layer, pooling and propagation structures.
Deepest and broadest functionality
– Multi-book accounting for local GAAP and IFRS.
– Complex multi-layer, pooling and propagation structures.
– Intercompany transactions and group level consolidation.
– Fund of funds (internally and externally managed unitised/unit-linked products).
– Insurance wrap and asset allocation products.
– Unlimited series and units.
Customizable workflows and data views
An exception-driven workflow and over 300 user definable controls to empower users to improve their own efficiency and service quality.
Gain easy access to customizable reports, in multiple formats, speed up potential issues investigation and respond quickly to changing regulatory requirements and client requests.
Further optimized automation with XAI
Enhanced automation of manual exception reviews, using Explainable AI (XAI) to easily identify false positives and provide transparent, human explanations about why exceptions have occurred.
Cloud based and scale as you grow
Modern cloud based platform reduces your total cost of ownership and removes dependence on internal IT teams.
Designed to scale as your business grows, dealing with increased volumes and shortening processing timeframes.
Our Winning Customer
Our selection of Multifonds reflected our belief that it was the best fit for us in terms of our particular business requirements, as well as the organisational culture and overall value proposition.
We are very pleased with the outcome of this project and the strong partnership that we have developed with the Multifonds’ team”
Senior Vice-President
Finance, Investments
Canada Life
Measurable success
9 of the top 15
global fund administrators supported
30+ countries
30000+ funds
supported
$10 trillion
assets supported
Download Factsheet
Thank you for your interest, our dedicated consultants will be in touch soon.