1741 Fund Management extends contract for NeoXam’s fund accounting software

From Asset Servicing Times:

NeoXam, a financial software provider, and 1741 Fund Management have renewed their partnership for the next five years amid a new project to move to the latest software generation of NeoXam’s GP4.

For 1741, the solution is maintained, hosted and operated by NeoXam but the new generation of NeoXam GP4 provides additional features.

NeoXam explains these new features better support private equity as well as real estate investments.

The daily chained processes are automated through robotic process automation (RPA), which is an integral part of GP4.

Markus Wagner, CEO at 1741 Fund Management, says: “1741 is very excited about this long-term and strong partnership with Neoxam and convinced to have the best software solution for us and in consequence for our customers. We are more than excited to benefit from the next generation GP4, giving us new possibilities and solutions for our daily work streams.”

Philipp Sfeir, general manager of the D-A-CH region at NeoXam, adds: “A trusted partnership is priceless in times of global economic uncertainty. It only took a virtual handshake, then the team immediately started to work on the upgrade project. The signed contract followed. I am thrilled to continue the exciting journey with 1741 and to contribute with NeoXam GP4 in delivering value to their customers.”

NeoXam also recently expanded its relationship with Raiffeisen Capital Management for a further five years.

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