Luxembourg-based specialist fund administrator Alter Domus has gone live on the automated fund management platform provided by Temenos Multifonds.
The implementation has been sparked by the arrival of the Eltif 2.0 regulations designed to make alternative investments more accessible to retail investors, which came into effect in January.
According to Alter Domus, it was looking for a platform that could be implemented quickly and would enable it to handle a significant increase in transaction volume.
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The Temenos Multifonds Global Investor Servicing platform will initially be used for transfer agency services in Europe but there is a plan to expand the activities and geographies in the future, stated Alter Domus.
“We’re delighted to have implemented this new fund administration platform in just six months, allowing us to rapidly expand our capabilities to service open-ended fund characteristics,” said Antonis Anastasiou, group head of product development, Alter Domus.
“Our technological capabilities are key in helping us support fund managers to take advantage of opportunities in alternative investments.”
