Multiconsult chooses PFS-PAXUS

Multiconsult Ltd (Multiconsult) and International Management Mauritius Ltd (IMM) are pleased to announce the selection of PFS-Paxus for the administration of their global business fund operations. Craig Downes, Chief Operating Officer of Multiconsult; "The selection of PFS-Paxus is the result of an exhaustive system search over 18 months including a detailed RFP process and I am very pleased with everybody who have participated in a very thorough selection process, and all credit to PFS-Paxus for passing our rigorous requirements. We have selected the best system for our clients which will result in upgraded services and allow us to grow our business in an efficient and scalable manner. Our time and energy will bear the fruits of this investment in the years ahead. The initial training and conversion has been completed and we now enter the next phase of this project with the migration of the first 100 funds" Multiconsult & IMM are both leading offshore management companies in Mauritius. They form part of the Global Business Cluster of the CIM Group, with fund under administration in excess of USD 60 Billion as at June 2009. Currently, their combined clients’ portfolios consist of more than 2,500 global companies and employ, in all, over 300 professionals.