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

  • 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)

    • Solvency data set