Datacons MFund deployed in Malaysian firm MayBan

By siliconindia   |   Tuesday, 20 May 2003, 19:30 IST
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BANGALORE: MayBan Investment Management Sdn Bhd. (MIM), one of the leading investment management companies in Malaysia, has chosen Datacons’ MFund suite of products to address its end-to-end business needs. MIM manages assets over $600 million across 120 portfolios. Datacons Mfund will help improve Mayban’s internal processes as well as provide better service levels and attain a distinct competitive edge in the Malaysian investment management scenario. MFund’s ability to provide end-to-end coverage for the various asset classes MIM deals in, portfolio rebalancing tools, a detailed approval path and a user friendly interface were instrumental in the selection among many other solutions. M. S. Chandrashekar, CEO, Datacons opines, "We expect to deliver significant benefits to MayBan Investment Management through our integrated and work-flow driven approach to the investment process. Our solutions are state-of-the-art and we believe in tuning the finer aspects to ensure our clients derive maximum advantage from their investments in automation."