Multifonds Fund Accounting Platform goes live 13 November 2025Singapore Reporter: Tahlia Kraefft
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Multifonds announced that the Development Bank of Singapore (DBS), has gone live with Multifonds Fund Accounting Platform in Singapore, Hong Kong SAR, and Indonesia.
The solution was implemented in 15 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 step up their operational efficiency with workflow and exception manager and streamline the NAV process by the fund accounting and transfer agency systems integration.
Multifonds was selected by DBS after an evaluation process and detailed proof of concept demonstrating the platform’s capability to handle the specificities of each market, with a multi-asset coverage including complex derivatives across credit, foreign exchange, investor relations, and emotional intelligence, exchange-traded fund, and public enterprises survey.
Oded Weiss, CEO of Multifonds, comments: “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.”
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