Scarabaeus Wealth Management AG goes for fund management from the cloud

Sulzbach, 08/15/19 14:03 Age: 325 Tage

DIAMOS, a leading provider of software solutions and services in the investment sector, wins Scarabaeus Wealth Management AG in Liechtenstein as a new client for the well-known fund management solution DIAMOS-F, as a cloud version. The modules Fund Accounting, Fee Management and Investment Compliance are used. The project started on 01 August 2019.

Scarabaeus Wealth Management, a Liechtenstein-based capital management company licensed by the Financial Market Authority, specializes in collective investment schemes and modern portfolio management.

In the future, Scarabaeus will automate many processes for more efficient fund management, from fund accounting to fee management, with the software solution from the cloud, DIAMOS-F. In addition to the automation of a wide range of processes, the aim of the integration is to increase user-friendliness and a consolidated database for evaluations, as well as to create annual reports more quickly with the comprehensive reporting system. DIAMOS-F can be scaled to any size, because thanks to its modular design, it can always be expanded to tailor-meet your needs. The solution is operated in the cloud and thus saves considerable IT investment, because DIAMOS takes care of the smooth operation in its own data processing centre and can keep the software retrievable at any time and from anywhere. The first fund will go live 2 months after the project start, on 1 October 2019.

"Scarabaeus has made the right choice with DIAMOS-F in the cloud version to manage their funds even more efficiently in the future and to advance their digitization. The project was launched at the beginning of August and already in October Scarabaeus will use the system productively in day-to-day business. We are pleased to have gained another customer in Liechtenstein and look forward to a successful and long-term cooperation." says Alexander Bender, Managing Director of DIAMOS AG and responsible for sales.

DIAMOS has been one of the leading German providers of standard software solutions and services to the investment management industry since 1984. The DIAMOS product portfolio is based on a modern, future-proof system platform and offers flexible and expandable systems that, depending on requirements, can provide integrated solutions or single modules. DIAMOS solutions offer an efficient administration of funds, alternative investment products, retail investment accounts and shareholdings, and support extensive process automation along the entire investment management value chain. The service portfolio includes products for fund accounting, investment compliance, transaction and order management, reconciliation, fee administration, commission management, as well as transfer agency. Additionally, DIAMOS offers comprehensive advisory and support services. All products can be made available as ‘Software as a Service’ (SaaS) and ‘Application Service Providing’ (ASP) solutions via DIAMOS’ ISAE 3402 type 2 certified data processing centre. Leading fund platforms, investment / fund / management companies, custodians / depositories, banks and other financial companies – all value and rely on DIAMOS’ products and services. With its headquarters and a branch office in Germany, DIAMOS is further represented by subsidiary companies in Luxembourg and Switzerland.

Should you require additional information, please contact:

Julian Stein
Marketing & Communications

Am Limespark 2
D-65843 Sulzbach

Phone: +49 61 96 65 06-102
Fax: +49 61 96 65 06-100

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