Canada Life UK moves £40bn AUM onto Temenos Multifonds

clock • 2 min read

Canada Life UK has gone live with Temenos Multifonds in a move to revamp its digital offering and support its UK investment operations accounting operation. As a result of the move, the life assurance and pensions firm will now administer more than £40bn of assets on the Temenos fund accounting platform. Daniel Shaughnessy, Operations and Process Improvement Director of Canada Life UK, said that the move to Temenos Multifonds will free up the company from what it calls from" legacy constraints" to accelerate "digital transformation and increase operational efficiency" at the firm. ...

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