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Goes Live with iDEAL Wealth & Funds to automate front to back Investment Management department

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STANLIB Ghana Limited, one of the largest multi-specialist asset managers - Goes Live with iDEAL Wealth & Funds to automate their front to back Investment Management department


Mumbai, January 21, 2019 - STANLIB Ghana Limited is a subsidiary of one of the largest banking groups in Africa. As one of Africa’s largest wealth managers, STANLIB Ghana has access to a global network of investment specialists in North America, the United Kingdom, Europe, the Middle East, Asia and the African continent.

STANLIB Ghana, has an extensive range of products that includes investment management of pension funds and collective investment schemes (Unit Trusts).  A unique blend of skills and perspectives enables STANLIB Ghana to make better-informed decisions, so they can help their clients, both individuals and institutions, to achieve their respective financial goals.

Akash Anand, Chief Marketing & Sales Officer at Credence Analytics added, “With STANLIB serving their multi asset funds and portfolios across retail and institutional investors, the opportunity rises for Credence Analytics to step in as a leading technology provider in the market. We are delighted to welcome STANLIB Ghana as a key strategic client to our growing Africa client base.”

The highlights of this project are:

  • Online portal that enables customer subscription & redemptions through web & app both and Payment Gateway facility through portal
  • End-to-end Solution that provides for Pension Fund, Unit Trust & Asset Management
  • Provident Fund workflow
  • AMLA Risk profiling

About STANLIB Ghana

STANLIB Ghana Ltd, previously Stanbic Investment Management Services (SIMS), is an investment management and advisory firm licensed by the Securities and Exchange Commission and registered with the National Pensions Regulatory Authority in Ghana. STANLIB Ghana Ltd was incorporated in July 2007 and became a wholly-owned subsidiary of Liberty Holdings Ltd (South Africa) in August 2014.

STANLIB Heritage

STANLIB’s parent company STANLIB is one of Africa’s leading asset managers with its headquarters in South Africa. STANLIB manages and administers over USD 45.4 billion (as at 30 June 2017) assets for over 500 000 retail and institutional clients and STANLIB have a presence in eight African countries. STANLIB has a proud heritage and more than 1400 years of collective experience in STANLIB’s investment team. STANLIB was founded in 2002 when Liberty Asset Management and Standard Corporate and Merchant Bank Asset Management merged. Liberty Asset Management and SCMB Asset Management had managed investments for over 25 years prior to their merger.

STANLIB is fully owned by Liberty Holdings Limited and is a subsidiary of the Standard Bank Group.

STANLIB Products

  • Collective Investments – Unit Trusts
  • Fund Management
  • Pensions
  • Institutional & Individual
  • Fund Administration

About Credence Analytics

Credence Analytics is an International software solution provider for over 25 years having marquee clients across Asia, Middle East & African markets. In its home market i.e. India, its clients comprises of leading Banks & Institutions like Reliance Nippon Asset Management (One of the Largest Asset Management Companies of Indian subcontinent), State Bank of India (Largest Bank in India), ICICI Bank (Largest Non-Government owned bank in India), SBI Life Insurance (Second largest life insurance company in India) and SBI Associate Banks (Largest Banking Group in India). Globally Credence Analytics has presence in South East Asia, Middle East, and African Countries with clients in Nigeria, Vietnam, Oman, UAE, Sri Lanka and Philippines. The strength of Credence Analytics is its strong domain expertise in the areas of Treasury, Investment Management and Risk Management. The Firm Strongly believes that its role goes beyond providing software solution by actively implementing the solution and advising the customer on how to use the software to the fullest extent.

For more information contact:

Akash Anand | Chief Marketing & Sales Officer
Credence Analytics (I) Private Limited


Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. Credence Analytics undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

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