Monceau Assurances, a mutual group of Insurance companies operating in France and Luxembourg, serving more than 300,000 members and customers and managing over €10 billion in Assets, has today announced the selection of NeoXam GP4 to replace its legacy Investment Accounting solution.
After a thorough review of available solutions in the market, Monceau Assurances chose NeoXam GP4 for its ready-to-use Software as a Service (SaaS) . The solution includes local best practices from both France and Luxembourg, provides comprehensive coverage of the Investment Value Chain and delivers a “One-stop-shop” approach. NeoXam leverages its extensive business experience in Accounting for Insurance Investment Portfolios, acquired through the support of a large community of major customers in Monceau Assurances’ key markets, thus enabling a swift project deployment.
Charles Sayac, Managing Director EMEA West of NeoXam, “We are thrilled to start this new partnership with the Monceau Assurances Group. With NeoXam GP4, Monceau Assurances will benefit from an all-in-one Saas Investment Accounting solution, specifically designed to address both global and local needs of Insurance companies.”
NeoXam GP4 is a modular end-to-end platform for Assets Owners and Asset Servicers seeking to streamline their entire Investment Valuation and Accounting processes. The solution delivers an all-in-one Accounting platform, covering multiple jurisdictions and offering centralized Bookkeeping monitored in real-time, greater Workflow Automation, and seamless integration to key Data sources.
