Swiss Life Funds AG optimizes data consolidation and reporting with DVS Fund Warehouse from Princeton Financial Systems

DVS Fund Warehouse Provides Comprehensive Investment Information in a Centralized, Quality Assured Database

Frankfurt, 13 February 2008. Swiss Life Funds AG (Group Swiss Life), a subsidiary of Swiss Life Investment Management Holding AG, Zürich, has successfully implemented Princeton Financial Systems' (formerly Aquin Components GmbH) central data management and reporting platform, DVS Fund Warehouse.

Princeton Financial Systems is a leading software solutions provider to the international asset management and fund industry. DVS Fund Warehouse has been purpose built for the fund industry to support consolidation of fund and historic data and unified fund reporting.

Swiss Life Funds AG is a fund management company providing accounting/ NAV calculation, compliance/ risk management, business development and legal services for its clients. They wanted to improve the storage and accessibility of their fund data to support continued growth of their business. The DVS strategic data hub met all their key requirements providing them with comprehensive investment information consolidated within a single, centralized database.

Consolidated and centralized data

Swiss Life Funds AG's data requirements necessitated a first-rate solution. As established users of Princeton Financial Systems' MIG21, investment compliance software, Swiss Life Funds AG already knew the quality of product and service that Princeton Financial Systems offer and so looked to them to provide a solution to their data requirements.

Swiss Life Funds AG had multiple interfaces providing disparate data from numerous, complex data sources such as Multifonds Infocenter, the Custodian Bank's database, Allocare as well as from different information suppliers like Bloomberg and Telekurs. They were therefore attracted to DVS Fund Warehouse's capacity to consolidate information into a single data hub. Further inducements were the reliability of the data that the platform offers as well as the platform's inherent flexibility that facilitates tailored reporting of data.

It took only ten months to fully implement DVS Fund Warehouse, providing Swiss Life Funds AG with a consolidated and quality assured database. Now, multiple departments and systems can access fund data from a single location.

As the complexity of our business grew, so did the management of our data - something key to our customers' needs. As expected we have found Princeton Financial Systems' DVS Fund Warehouse to be the ideal solution for us and our clients. The enhanced reporting functionality of the platform will transform the manner in which we report to our clients and greatly increase the efficiency of report production in this multilingual environment. We pride ourselves on our ability to perform for our clients, and Princeton Financial Systems' DVS Fund Warehouse puts us in a position where we can continue to deliver first class service and results.

Francesco Rizzello CEO at Swiss Life Funds AG