Insurance

European Fund Administration’s outsourcing solution for unit-linked life insurance products encompasses valuation of dedicated (private client portfolios) and pooled funds (brokerage managed funds).

EFA’s services have been developed to cover specific requirements for insurance vehicle accounting:

• asset valuation
• controls on investment restrictions
• production of regulatory reports

Insurance Fund Services

• Accurate portfolio valuation using multi-feed security database with automated consistency checks and reconciliation with custodian banks
   
• Automated ex post compliance controls according to the investment mandate and regulatory investment restrictions
   
• Automated SWIFT pre-settlement instruction messages to your custodian
  bank(s)
   
• Valuation reports using our proprietary internet based communication tool: EFAnet 
  • Consolidated accounting and regulatory reports:
  • Detailed General Ledger and Profit & Loss figures
  • Portfolio assets breakdown (CAA categories)