News: A-Lab Solutions integrates Reseo corporate e-Business ID solution with Temenos Multifonds

PRESS RELEASE

A-Lab Solutions integrates Reseo corporate e-Business ID solution with Temenos Multifonds

Portable AML/KYC corporate e-Business ID enables swift execution of client onboarding, reducing timeframe from weeks to days

November 28, 2024: A-Lab Solutions, the London-based fintech, today announced the integration of Reseo corporate e-Business ID with Temenos Multifonds, the global, best-in-class fund accounting and investor servicing solution.

The Reseo e-Business ID solution brings with it a wealth of benefits for the Investment Funds industry. Once corporate owners – mainly Distributors, Distributor Platforms or Institutional Investors – create a unique e-ID, all their up to date AML/KYC information and documentation is in one place, perpetually up-to-date and portable. Using Reseo, corporate e-ID owners are able to select a counter party to exchange information with – mainly a Transfer Agent – and meet the specific requirements of the counterparty, creating transparency, speed, continuous compliance and doing away with a predominantly paper-based process. It enables faster transacting and making optimal use of investment opportunities in the market.

On the other hand, Transfer Agents – which are Temenos Multifonds’ clients – can integrate the perpetual e-ID directly into their onboarding platform in real-time  through event-driven architecture and standard Multifonds APIs, reducing the AML/KYC verification from on average 4-5 weeks to a matter of minutes, removing the headaches of friction, duplication, misunderstanding and delays in opening investment accounts, therefore saving significant cost as well as time.

Temenos Multifonds on SaaS allows A-Lab Solutions to incorporate Reseo with all Transfer Agents using Multifonds, in a more secure, confidential, cost-effective and sustainable way.  The breadth and depth of the Temenos Multifonds service, with Reseo incorporated, will help lower the Total Cost of Ownership as the upgrades of infrastructure are part of the service.

“We are very pleased to announce that our Reseo e-Business ID solution integrates with Temenos Multifonds SaaS,” said Pierre-Yves Rahari, Director and Co-founder, A-Lab Solutions. “We have designed Reseo to turn the onboarding AML/KYC process into a more customer-friendly, efficient, technology based yet strongly compliant experience, and we are delighted to find in Temenos an industry partner that shares this vision with us.”

Sern Tham, Global Product Director, Temenos Multifonds, commented: “We’re excited to see A-Lab Solutions leverage Temenos Multifonds for an integrated, efficient onboarding solution that significantly improves the client experience for both Transfer Agents and investors. By incorporating Reseo’s corporate e-business ID with Multifonds, our clients benefit from streamlined, highly secure onboarding that reduces AML/KYC processing times from weeks to minutes. This collaboration aligns with our commitment to providing best-in-class fund administration technology that fosters agility and operational efficiency across the investment industry.”

On a single platform, Temenos Multifonds supports traditional and alternative funds and combines key asset servicing, position keeping, valuation and accounting functions for all structures of pooled vehicles and funds, across multiple jurisdictions.

The Temenos Multifonds solution won the Fund Services Partnership of the Year at the Global Custodian Industry Leaders Awards 2024 and has received the award for Best Integrated Back-Office Platform at the WatersTechnology Buy-Side Technology Awards for three years in a row.

Ends

Investment Management industry professionals wanting to contact Reseo to find out more or book a demo should get in contact here:

Pierre-Yves Rahari by phone: + 44 (0) 7454 006638 or by email: psrahari@reseo.global

Press Enquiries: Eva Keogan ekeogan@reseo.global +44 (0) 7790 841538

 

New podcast: Fintech brings a new perspective to the AML-KYC process value chain

Welcome to a new episode of the Reseo State of the Art podcast, the platform for conversations about all things innovation for the Investment Management industry.

In this episode we are in conversation with Pierre-Yves Rahari, the Co-founder of Reseo, who is passionate in helping industry players service investors and fund distributors.

He gives us a perspective of the innate complexity of the funds industry across the UK and Europe. He reveals how it is on the cusp of change thanks to various technology solutions we have today, such as Reseo, and a shared vision of how this should work.

Learn about the new collaboration with Multifonds, and how it is a strong example of the way the market is able to collaborate, as we explore a new vision of the fintech-enabled AML-KYC process value chain, and the role played by Reseo.

Guest
Pierre Yves-Rahari, Co-founder and Director, A-Lab Solutions (Reseo)

Presenter
Eva Keogan, Reseo

Producers
Eva Keogan, Reseo
Mel Lopes, Reseo

New podcast on innovation: A collaboration between Multifonds and Reseo for AML-KYC onboarding

Welcome to the new episode of the Reseo State of the Art podcast, the platform for conversations about all things innovation for the Investment Management industry.

In this episode, we are talking about a real life application of innovation. This is the collaboration that Reseo is undertaking with Multifonds, one of the most prominent system providers in the Funds industry.

Joining our discussion is James Abram, a Multifonds specialist with a background in business analysis within the fund administration and, more specifically the Transfer Agency space and Pierre-Yves Rahari, Co-Founder and Director, A-Lab Solutions (Reseo). Pierre-Yves is particularly passionate in helping industry players service investors and fund distributors, and like James, also has a background in Transfer Agency.

The collaboration has gone from brainstorming an initial idea, to developing a prototype into an integrated solution, with both parties working together to explore ways in which they can find benefits for the players in the funds industry and delivers value.

Reseo and Multifonds have looked at two aspects of a difficult but often overlooked issue in the industry when opening an account in an investment fund; on one side the account opening process, and on the other the AML-KYC verification process.

Thanks for listening.

Guests
James Abram, Principal Presales Consultant, Multifonds
Pierre Yves-Rahari, Co-Founder and Director, A-Lab Solutions (Reseo)

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