Temenos (SIX: TEMN), the banking software company, today announced that Curo Fund Services, 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.
The move to Temenos' platform has transformed Curo's operating model by simplifying its architecture and enabling more automated exception-based processing to increase efficiencies, reduce costs and open up new opportunities for growth.
Curo provides investment operations and fund accounting services to life companies, asset managers and multi-managers. It employs 300 people and services 3,000...
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