ADNIC selects IMSplus to manage insurance investment operations

ADNIC selects IMSplus to manage insurance investment operations
23.03.2017 06:00 am

ADNIC selects IMSplus to manage insurance investment operations

IT Innovations , Insurance , Infrastructure

Today Profile Software, an international financial solutions vendor, revealed that Abu Dhabi National Insurance Company (ADNIC) in the UAE, one of the leading regional multi-line insurance providers for corporates and individuals, is using the IMSplus Insurance Investment Management solution to achieve operational efficiency of its investment management operations.  

Following ADNIC’s vendor selection process, Profile Software was appointed as the vendor of choice. With highly flexible and functionality-rich features, IMSplus is Profile Software’s leading investment management platform that is being used by many international insurance firms, across multiple locations. It offers an easily customizable solution that caters to current and future business needs. The platform enables users to comply with local and international markets, automate processes and efficiently manage back office investment management operations.

IMSplus offers a wealth of benefits to ADNIC through flexible and multi-level analysis features. ADNIC uses IMSplus to monitor sector and asset class exposures of its invested assets. The system’s reporting capabilities allow investment managers to perform comprehensive analyses of the company’s invested assets (cash, fixed term deposits, equities, bonds, funds, private equity and real estate) and performance. ADNIC also benefits from the quality and timely production of reports (for regulatory and management purposes) as well as the overall process automation, while reducing costs, increasing productivity and achieving greater efficiency across operations.

ADNIC’s selection of IMSplus expands Profile Software’s Insurance client portfolio and reaffirms its expertise in delivering competitive investment management solutions to the insurance industry. IMSplus is used by a range of regional and international insurance firms, offering integrated services and contributing to their operational excellence

Related News

Avelacom debuts connectivity, market data and infrastructure solutions on B3 (Brazil's stock exchange)

Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, is launching its low latency network,... Read more »

Colt’s enhanced uCPE proposition brings enterprises closer to the edge

Colt Technology Services has announced its enhanced universal customer premises equipment (uCPE) solution, which brings the benefits of Network Function... Read more »

World’s Biggest Virtual Global Fintech Fest Saw Participation from over 12000 Attendees from over 110 Countries

Global Fintech Fest which (GFF) organised by Fintech Convergence Council (FCC), Payments Council of India (PCI) and National Payments Corporation of India (NPCI) on 22nd &... Read more »

DocuSign rolls out DocuSign Payments globally

DocuSign has announced the international expansion of its integrated payment solution, DocuSign Payments.

Read more »

88% of Finance Industry Decision Makers Believe Business Growth Hinges on Digital Performance

Riverbed® revealed today that 90% of IT decision makers (ITDMs), and 86% of business decision makers (BDMs) in the financial sector see digital performance as... Read more »

IAMAI to host world’s largest virtual Global Fintech Fest

Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel