National Bank of Canada Turns to Multifonds for Fund Accounting and ETF Growth

The National Bank of Canada has chosen Multifonds to consolidate its fund accounting operations and support growing demand for exchange-traded funds (ETFs).

The Canadian bank will use Multifonds to automate ETF workflows, which is expected to help manage the increasing complexity and volume of these products.

This move aims to streamline National Bank of Canada's operations and improve its ability to respond to rising product demand and complexity.