REAG Investimentos, the second-largest independent fund administrator in Brazil, has selected Temenos Multifonds to replace its existing investment operations platforms. With >350 funds under administration, worth BRL76bn (USD14.4bn), REAG offers solutions and services aimed at investors and high-net-worth families, as well as businesses looking to buy, sell, or go public.
REAG selected Temenos Multifonds to cover the complete fund administration cycle, including accounting, regulatory reports, IR and IOF tax reporting, and investor services. REAG administers a variety of investment funds, including traditional funds of CVM 555 type (FIMs), private equity (FIPs), real estate (FII) and credit rights (FIDCs).