LPI News & Views

Boosting counter measures

Tanya Esdaille urges the investment community to build its defenses high to prevent terrorist funding The global terrorist threat is expanding and evolving, as terror organizations adopt increasingly sophisticated methods to avoid detection as they carry out devastating attacks. This enhanced sophistication is also evident in efforts to secure funding, with new technologies and practices

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Forging ahead in 2016

Kane’s strong performance reflects continuing focus on client satisfaction Welcome to the latest edition of the Kane newsletter, ‘LPI News and Views’. In this issue, we detail the findings of our latest client survey, provide an update on developments across Kane LPI, discuss fund activity with Matthew Charleson and consider the challenges faced by investment

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Raising the platform

Kane LPI announces new advancements to its IMS administration platform Kane LPI has recently announced a number of updates to its existing IMS web-based client administration platform. The enhancements include the implementation of an advanced ‘super user’ distribution management system (DMS), as well as the establishment of a new ‘widget’ library supporting the ability to

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All systems go

LPI News & Views speaks to David Lessing and Scott Taylor from Beechwood, and Nar Almeida and John Uprichard from Kane LPI, following the recent launch of Beechwood’s guaranteed investment plans Accumulator Plus and Escalator Plus. In November 2013, Kane LPI Solutions began work with Beechwood to help define and implement a Bermuda-based trust structure

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Working together

David Cafferty outlines some of the compliance outsourcing services supplied to GroupMed Reinsurance Brokers. Kane LPI Solutions (MENA) Limited (Kane) was appointed by GroupMed Reinsurance Brokers Limited (GMRB) to provide a full application and compliance outsourcing service for its Dubai International Financial Centre (DIFC) operations. GMRB is a DIFC-registered Dubai Financial Services Authority (DFSA) regulated

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Beechwood launches guaranteed investment plans

Kane LPI Solutions team acts as third party administrator for the launch The Kane LPI Solutions team has played a key role in the recent launch of two new fixed and variable guaranteed investment plans by Beechwood Bermuda International Ltd (Beechwood). The two products include a guaranteed rate plan and a guaranteed investment plan spanning

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The next generation

A more rational approach with greater flexibility is sparking increased interest in looking to begin writing variable annuity guarantees, believes Robert Painter of Deutsche Bank   The variable annuity guarantee product is unique in today’s investment market. With the gradual demise of defined benefits, there has never been a greater need for such products as

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Looking back, looking forward

John Uprichard and Nar Almeida look back on the successes of 2013 and look forward to the potential the next year holds   2013 was a landmark year for Kane LPI Solutions and also saw a resurgence in the use of offshore structures in an increasingly dynamic and competitive marketplace. The year saw an influx

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Kane LPI completes SOC 1 audit

Report demonstrates effectiveness of information controls   In December, Kane LPI Solutions successfully concluded its first SOC 1 audit of its Service Centers. SOC (Service Organization Control®) 1 reports enable organizations which provide information system-based services to clients to demonstrate the effectiveness and robustness of their internal procedures and controls. “There were a number of reasons

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Risk-Based Anti-Money Laundering Part 2

In the last issue, David Cafferty outlined the risk-based approach of the FATF’s AML recommendations. In this issue, he delves further into the detail.   Recommendation 1 of the revised FATF recommendations, ‘Assessing risks and applying a risk-based approach’, states: “countries should identify, assess, and understand the money laundering and terrorist financing risks for the

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