Financial Management Solutions
Multifonds Helps DBS To Drive Scalable Automation And Future Growth In The Region's Asset Management Industry
Share
Multifonds enables the bank to manage traditional and alternative funds on a single fund accounting platform
SINGAPORE, Nov. 5, 2025 /CNW/ -- Multifonds today announced that DBS, Southeast Asia's largest bank by assets, has gone live with Multifonds Fund Accounting Platform in Singapore, Hong Kong SAR and Indonesia. The solution was successfully implemented in fifteen months by a joint DBS and Multifonds team.
Multifonds is a single fund accounting platform that supports traditional and alternative funds and combines asset servicing, position keeping, valuation and accounting functions across the bank's key Asian markets. The fully automated solution enables DBS to streamline its end-to-end operations and achieve high rates of STP to improve service quality and support client growth in the region's most dynamic markets.
DBS is the first client in Asia to adopt the latest version of Multifonds solution. This empowers DBS to significantly step up their operational efficiency with Workflow and Exception Manager (WEM) and streamline the NAV process by the Fund Accounting and Transfer Agency systems integration.
Multifonds was selected by DBS after a rigorous evaluation process and detailed proof of concept demonstrating the platform's capability to handle the specificities of each market, with a truly multi-asset coverage including complex derivatives across Credit, FX, IR and EQ, ETFs, and PEs. This supports a wide range of fund structures and requirements, such as advanced PL allocation per share class or master segment structure with rebates fees.
In addition, Multifonds, in collaboration with DBS, is actively contributing to the development of regulatory reports tailored to the dynamic Indonesia market, helping to ensure that these reports remain current and aligned with the latest regulatory changes. These insights help the bank and its clients keep abreast of the evolving financial landscape.
Oded Weiss, CEO of Multifonds, commented:
"We are delighted to be chosen as the fund accounting platform for such a prestigious and world-leading bank. DBS has established a global reputation for fund servicing, and Multifonds' modern technology platform will help the bank deliver highly flexible and client-centric solutions with unmatched scalability and efficiency. Multifonds is looking forward to continuing its partnership with DBS Securities Services, strengthening the bank's technology capabilities, and developing new functionalities to meet the needs of other markets in Asia."
About Multifonds:
Multifonds is a single, global platform supporting fund accounting, investor servicing, and NAV oversight for both traditional and alternative funds. Visit: www.multifonds.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/multifonds-helps-dbs-to-drive-scalable-automation-and-future-growth-in-the-regions-asset-management-industry-302603851.html
SOURCE Multifonds Singapore Pte Ltd
Frequently Asked Questions
What does Multifonds do?
Multifonds is a single, global platform supporting fund accounting, investor servicing, and NAV oversight for both traditional and alternative funds.
What benefits did DBS achieve by using Multifonds?
DBS streamlined its end-to-end operations, achieved high rates of STP, improved service quality, and supported client growth.
What makes Multifonds stand out in the market?
Multifonds offers a modern technology platform with unmatched scalability and efficiency, enabling flexible and client-centric solutions.
First published on Wed, Nov 5, 2025
Liked what you read? That’s only the tip of the tech iceberg!
Explore our vast collection of tech articles including introductory guides, product reviews, trends and more, stay up to date with the latest news, relish thought-provoking interviews and the hottest AI blogs, and tickle your funny bone with hilarious tech memes!
Plus, get access to branded insights from industry-leading global brands through informative white papers, engaging case studies, in-depth reports, enlightening videos and exciting events and webinars.
Dive into TechDogs' treasure trove today and Know Your World of technology like never before!
Disclaimer - Reference to any specific product, software or entity does not constitute an endorsement or recommendation by TechDogs nor should any data or content published be relied upon. The views expressed by TechDogs' members and guests are their own and their appearance on our site does not imply an endorsement of them or any entity they represent. Views and opinions expressed by TechDogs' Authors are those of the Authors and do not necessarily reflect the view of TechDogs or any of its officials. While we aim to provide valuable and helpful information, some content on TechDogs' site may not have been thoroughly reviewed for every detail or aspect. We encourage users to verify any information independently where necessary.
Trending PR Newswire
Propelr Named One Of 2025'S Best Enterprise LMS Platforms By Talented Learning
24 Exchange Appoints Gina Tuccio As Chief Financial Officer
Cyble And Botswana Communications Regulatory Authority (BOCRA) Sign Mou To Advance National Cybersecurity In Botswana
HOPPR Introduces Its AI Foundry: A Scalable, Secure Platform Accelerating The Development Of AI In Medical Imaging
Kia's All-Electric PV5 Secures Industry's Most Prestigious LCV Award
Join Our Newsletter
Get weekly news, engaging articles, and career tips-all free!
By subscribing to our newsletter, you're cool with our terms and conditions and agree to our Privacy Policy.
Join The Discussion