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Industry news

Tenemos selected by AHAM Capital


17 December 2024 Malaysia
Reporter: Clelia Frondaroli

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Image: The Pink Panda/stock.adobe.com
Tenemos Multifonds Global Accounting has been selected by AHAM Capital to drive automation and growth in the Malaysian market.

Majority owned by CVC Capital Partners, AHAM Capital serves the fund-related needs of corporates, institutions and pension funds based in Malaysia. With Tenemos Multifonds on board, the company says it will be able to support the firm's growth through automated end-to-end solutions.

Tenemos Multifonds will also be able to support islamic funds in accordance with Shariah standards, through Multifonds’ flexibility in chart of account and posting rules.

Allen Woo, chief technology officer at AHAM Capital, comments: “We are excited to partner with Temenos Multifonds for our fund accounting system replacement. Temenos’ fully automated solution empowers AHAM to streamline end-to-end operations and achieve high STP rates.”

Oded Weiss, managing director at Temenos Multifonds, adds: “We are delighted to be chosen and work closely with AHAM on this strategic project. As a recognised leader in the Malaysian asset management industry, AHAM sought a future-ready solution, and we are confident Multifonds SaaS will meet their aspirations.”
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