Software service provider, Credence Analytics‘ investment management solution, iDeal Wealth and Funds has been selected by Leadway in a bid to automate their investment management operations.

According to the supplier, iDeal Wealth and Funds’ framework allows clients to monitor compliance-related limits, business validations and risk reporting. It supports customisations for handling localised requirements for accounting standards like IFRS, performance measurement standards like GIPS or KYC norms for FATCA and AMLA.

Founded in 1970, Leadway Assurance Company is a Nigerian insurance service company and an associated company with Leadway Asset Management Company, a full-service asset management company providing wealth management services.

Founded in 1993, Credence Analytics provides software solutions to its customer base across Asia, Middle East & African markets. The firm specializes in Treasury, Investment and Risk Management.

by Megha Bhattacharya
Market Analyst at IBS Intelligence