ICONI Software has launched a sophisticated Fund Management System on behalf of the Northern Ireland Memorial Fund (NIMF), an independent charitable fund that seeks to promote peace and reconciliation by ensuring that individuals and families that have suffered as a result of the ‘Troubles’ in Northern Ireland are remembered.
ICONI Software led the design of a specialist software system which allows the NIMF to manage the support applications from victims of the Troubles in Northern Ireland. The system is already proving successful having processed over £1 million worth of awards within the first few weeks of launch.
The new system is built on ICONI’s Fund Manager Product, which has been fully configured to mirror NIMF’s operational stages such as applications, assessments and subsequent payments and will also help manage the new ‘means tested’ assessment criteria which has recently received OFMDFM approval.
Liam Jordan, Managing Director of ICONI Software, added: “We have invested a lot of time and resources to develop our unique software so that it can be tailored to meet the specific needs of organisations such as the Northern Ireland Memorial Fund. We are currently expanding the team to deal with the growing interest in our products and services not only in Northern Ireland but also across Scotland, England and Wales.”
Carolyn Mada, Fund Secretary at the Northern Ireland Memorial Fund, added: “ICONI’s online management solution has provided NIMF with an extremely efficient fund management system which was easily configured to manage every one of our operational stages. This allowed us to get on with the important job of supporting individuals and families that have suffered as a result of the Troubles in Northern Ireland. The new system has been in use for just over a month and has already processed a significantly increased level of applications using the new system, which would have been impossible beforehand.”
The new system has innovative features including online linkages with NIMF suppliers, which will reduce application processing times and introduce efficiency savings across all aspects of NIMF support.
As part of the implementation, ICONI Software worked with local IT company, New CMI who delivered the network infrastructure and hardware for the new system.
ICONI Grant/Fund Management Software: http://www.iconi.co.uk/products/grant-manager
The Northern Ireland Memorial Fund: http://www.nimf.org.uk