Temenos (SIX: TEMN), the banking software company, today announced that Curo Fund Services www.CuroFund.com , South Africa’s largest third-party administrator, has gone live with Temenos Multifonds Global Accounting platform, completing the first phase migration of funds from its five legacy systems to a single instance of Temenos’ award-winning funds administration platform. With Temenos’ platform, Curo is able to deliver a seamless back office service with a higher degree of automation and straight through processing. Having successfully completed a first phase migration of funds, Curo expects to transition all 3,000 funds to the Temenos platform during 2021. Temenos’ platform has proved it can easily scale to meet the needs of Curo’s large multi-client fund base. Barri Maggott, Chief Executive Officer, Curo Fund Services, commented: “We are delighted to complete the first migration of funds to the Temenos platform.

Source: The Nation May 11, 2021 13:03 UTC