PFA Paddock Fund Administration Luxembourg live on IGEFI’s Multifonds

IGEFI Group Sàrl, the provider of technology solutions to the […]

January 29, 2010

IGEFI Group Sàrl, the provider of technology solutions to the global financial services industry, announces that PFA Paddock Fund Administration recently went live with the MultiFonds Fund Accounting platform.

PFA is a result of a strategic alliance of family owned Paddock Group and a specialized team coming from the investment fund industry in Luxembourg having over 15 years of experience in the worldwide investment fund industry. As an independent, fully regulated and professional actor in the Luxembourg fund industry, PFA is a solid alternative compared to the full banking institutions.

PFA acts as an exquisite boutique thanks to its highly educated and experienced staff, having indeed track records of top management positions in international banks. The vision is thus to reach full client satisfaction by state of the art services coupled with total client dedication. The leaner, but devoted structure of PFA allows having better outputs on a more cost efficient basis. As a regulated company under the Luxembourg banking and financial center supervision (CSSF), PFA shall provide high added value administration services for Luxembourg investment funds.

PFA services comprise the setup, central administration, register and transfer agent as well as domiciliation agent.

KPMG Financial Services Systems Survey 2009

IGEFI Group: MultiFonds is named a leading software in KPMG Financial Services Systems Survey 2009.

IGEFI’s MultiFonds, the core platform, has been recognized by the 2009 KPMG Financial Services Systems Survey as a leading software in the Luxembourg fund accounting industry with a total market share of nearly 20%. The KPMG Survey also confirmed that MultiFonds application is the leading transfer agency system with the most presence in middle-sized and large companies. Finally, MultiFonds scored a satisfaction rate of 100% across all client segments and systems.

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