Valu-Trac Investment Management Limited, a UK management firm, has selected Temenos Multifonds SaaS to support the development and growth of its fund administration and transfer agency business. Valu-Trac will replace its in-house, on-premise systems with the full end-to-end solution, Temenos Multifonds Global Accounting (MFGA) and Multifonds Global Investor (MFGI),
Valu-Trac, offers a range of services, including investment management & support, ACD, and fund operations to approximately 45 sponsors/investment managers across over 150 funds, with a total worth of GBP16bn (USD20bn) AuM. The product portfolio primarily focuses on UK OEICs and NURs funds.