About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

OFI Mandats Switches from Deployed to SaaS Version of Linedata Chorus

Subscribe to our newsletter

OFI Mandats, the investment management services provider for insurance funds within OFI Group, has switched from the in-house deployed version of Linedata’s Chorus investment accounting software to the recently released software-as-a-service (SaaS) version.

Its aim is to modernise and improve the security of the solutions it offers to its clients and, through the inclusion of Linedata’s Nile market data repository and reporting tools in the SaaS solution, to offer Solvency II compliance.

OFI Group inherited the deployed Linedata solution when it was formed by a merger in 2006. In 2007, OFI Mandats started to use Chorus for account management in its insurance business and the software was also deployed by its customers. The move from old infrastructure at both OFI Mandats and its clients to the SaaS model was made last October and, to date, five OFI Mandats clients are using the service.

Pascale Gabriel, head of IT at OFI Group, explains: “We have three objectives: to capitalise on the business expertise of the back-office team at OFI Mandats and its experience in using Linedata Chorus; to relieve our customers of their technical and functional administrative tasks so they can concentrate on core business; and to modernise and secure the IT solutions we provide. To achieve these goals, we have designed a comprehensive, modular and open offering that uses Linedata Chorus and is hosted by Linedata, but where we manage its configuration and future development.”

In terms of Solvency II compliance, Gabriel adds: “To comply with Pillar 2 of Solvency II we have built a secure, reliable and complete solution and we are also offering Linedata’s data repository to help our clients with Solvency II calculations and reporting.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Mastering Data Lineage for Risk, Compliance, and AI Governance

18 June 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants...

BLOG

19 RegTech Insights for 2025 from our RegTech Summits

The RegTech Summits in London and New York delivered a deep dive into AI-driven compliance, accelerated settlement, and evolving regulatory frameworks among other key RegTech topics, with industry leaders and regulators weighing in on the biggest challenges ahead. From the implementation of accelerated settlement cycles across global markets to the rise of generative AI (GenAI)...

EVENT

ESG Data & Tech Briefing London

The ESG Data & Tech Briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...