Aréas Assurances Selects Linedata Chorus For Fund Management

Paris-based insurer Aréas has €2bn of assets under management.

Aréas Assurances, a French independent group made up of mutual insurance companies, has selected Linedata fund accounting and administration software solution, Linedata Chorus.

By using Linedata Chorus as a software-as-a-service (SaaS) solution, Aréas will reduce its costs of maintenance while improving its administrative and accounting management information systems, and remaining compliant with the regulations.

"Our implementation project had extremely tight deadlines," says Arnaud Chatellier, Aréas Assurances’ accounting and financial director. "Linedata's teams took this into account and provided us with the necessary business and technical expertise in the form of a small team, and ensured an overall service that was extremely efficient".

Aréas will also be using Linedata Nile, the vendor’s solution for reference data.



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