Trematon Global Investment Administrators, a subsidiary of Cape Town-based financial solutions company, Tregia Holdings, has implemented a R200 000 unified IT infrastructure using Ixchange`s back-office accounting software, AccountAbility.
Trematon develops packaged investment solutions for a network of 300 independent brokers, from discretionary products such as savings vehicles, to non-discretionary retirement planning packages, annuities and pension preservation funds. It tailors its products to combine multiple investment and financial planning vehicles into one or more investment packages.
"Accounting automation is a key element of our business," says business analyst Frances Powell. "To function effectively we must be able to design our products using the multiple financial systems we have installed. That`s the only way we can deliver competitive advantage in our market."
AccountAbility interfaces with Trematon`s Limon administration system through AdaptAbility, an add-on interface module that integrates AccountAbility with existing financial and accounting systems.
"We needed a solution to integrate with our existing financial systems to give us complete control over our accounting data," continues Powell. "At the same time we wanted to use our data to extend our service to our clients, most notably for financial analysis reporting."
Trematon licensed ReportAbility to generate professional financial reports for its stakeholders directly from AccountAbility.
"As a rapidly growing company delivering personal customer service and customer-specific products, our investment clearly supports our growth initiatives," says Powell. These include combined management, reporting and accounting tools that guarantee cost-effective data integrity, interoperability and ease of use right out the box."
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