Multifonds Chosen by National Bank of Canada for Fund Accounting Modernisation
Luxembourg-based fintech Multifonds has been selected by National Bank of Canada to modernise its fund accounting operations and support growth in ETF administration.
National Bank, one of Canada's six systemically important banks, provides significant presence in the country's wealth management and institutional services market.
The bank's existing siloed systems will be replaced by a centralised platform, enhancing operational resilience, reducing processing times, and ensuring consistent service delivery.