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July 7th 2008: LONDON Vermilion Software is pleased to announce that New Jersey based Lord Abbett & Co. LLC (“Lord Abbett”), an independent, privately held investment management firm, has gone live with Vermilion Reporting Suite (“VRS”). More

July 1st 2008: LONDON Vermilion expands North American presence. Vermilion Software, the leading provider of easy-to-use client reporting and communications software, has recently announced the expansion of its organisation to support the growing market demand in the United States and Canada.  David Mead has been selected to head Vermilion’s North American office in New York City. “We are thrilled to have David join Vermilion Software,” said Simon Cornwell, Director, Marketing and Sales. “This is well timed as the Vermilion Reporting Suite (VRS) is being deployed by a growing number of US-based firms.” Most recently, a large investment manager in Jersey City, NJ, selected VRS to support their institutional clients. “Having been involved in the client reporting solution market for a number of years, I have found that investment management firms are seeking reporting solutions that are easily configured, quickly deployed and offer a high degree of flexibility in responding to investors’ unique requirements. I view Vermilion Software as the clear leader in this regard,” said David Mead. More

June 17th 2008: LONDON Rhyme Systems, a 3i Infotech company and leading provider of asset management solutions, has today published its latest client reporting white paper. Entitled, “Client Reporting – Data is King”, the report analyses the different methods of handling client reporting data, in particular managing the growing number of disparate data sources. More

June 13th 2008: LONDON Vermilion Software, the leading provider of easy-to-use client reporting and communications software, announced today the release of VRS 2.2. Vermilion Reporting Suite (VRS) has been specifically designed by experienced practitioners to address the needs of Asset Managers and their Client Services and Operations departments. VRS is a one-stop application designed for simplifying and streamlining the production of high quality and multi-lingual client statements, investment reports, valuations, pitch-books, factsheets and data extracts. More

June 9th 2008: AllAboutAlpha.com Re EIU/PwC Survey: Hedge Funds Report More Frequently Than Other Asset Managers.  Think hedge funds are secretive? Think they do their best to communicate with investors as little as possible and get visibly upset when investors call? You’re not alone. Stereotypes of the super-secret hedge fund abound. But in the absence of specific regulation, how much transparency is enough? More

June 8th 2008: LONDON FundWorks announces that Argon Asset Management has licensed and will be implementing FundReports, FundWorks’ enterprise client reporting and communication platform. Argon Asset Management, based in Cape Town, will use FundReports for the production of Quarterly Investment Reports and Fund factsheets for their institutional clients. More

June 2nd 2008: LONDON FundWorks SA today announced that Prudential Portfolio Managers (South Africa) (Pty) Ltd (“Prudential”) based in Cape Town has licensed and will be implementing FundReports, FundWorks’ Enterprise Client Communications and Reporting platform. Prudential will use FundReports in its South African operation (which was founded in 1994) for the production of Daily, Monthly, Quarterly and Ad Hoc Client Reports for its institutional and retail clients. More

May 27th 2008: LONDON FundWorks today announced that Rigel Capital LLC, an institutional growth asset manager based in Seattle WA, has selected FundWorks’ client reporting and communications platform, FundReports, to automate the production of Rigel’s client reports and marketing materials. More

May 22nd 2008: CHICAGO Northern Trust announced today it has expanded its array of reporting tools to support institutional investors in meeting new and complex requirements for corporate governance, financial disclosure, and regulatory filings in markets worldwide. New reports launched in 2008 will help clients comply with higher standards for transparency in class action processing, taxation, investment risks and accounting practices. . More

May 19th 2008: LONDON FundWorks today announced a strategic alliance with Column A, a specialist provider of consulting services to the financial services industry, to offer dedicated implementation support for financial institutions deploying FundWorks’ client communications and reporting solutions. More

May 16th 2008: Are fund managers' client reporting systems up to scratch? Client expectations of their wealth managers have changed significantly over the past decade, with the industry adapting product and service suites for a new generation of wealth creators. Read this report from IBM/Actuate

May 6th 2008: LONDON FundWorks today announces that, following a successful implementation, Schroders have gone live on FundWorks’ client reporting and communications platform, FundReports. The implementation of FundReports at Schroders, a constituent of a larger programme of technology infrastructure renewal, initially focused on the requirement to provide a fully automated solution for the production of their Client Valuation Reports.  More

April 22nd 2008: LONDON SS&C Technologies, Inc. today announced that "a global institutional money manager" has selected Pages™, SS&C's leading client reporting platform for global asset managers, to fully automate the delivery of monthly, quarterly and ad-hoc external client reports. More

April 17th 2008: NEW YORK Kurtosys Systems Inc. has announced the opening of a New York office. The new office was opened to address the growing demand for Kurtosys Managed Services within the Asset Management and Asset Servicing Industry. The office will support sales and operational staff. More

April 16th 2008: LONDON Threadneedle automates fund factsheet production with FundWorks.  FundWorks, the leading provider of client reporting and communication solutions, announced today that following a detailed evaluation process Threadneedle Asset Management has selected the FundSource service to fully automate the production and delivery of retail fund factsheets. More

April 16th 2008:  PITTSBURGH InvestEdge, Inc., a leading provider of wealth management solutions to large banks, trust companies, brokerage firms, and financial advisors, today announced the availability of InvestEdge ASP Version 8.0. The latest release provides enhanced asset classification for more detailed and precise performance reporting, and also includes a new performance composite engine and enhancements to the system’s extensive reporting capabilities. More

April 14th 2008: LONDON Jabre Capital Partners, a Geneva-based hedge fund firm, is using information technology specialists TheCitySecret to develop bespoke software for its core trading system. The IT firm also will work on client reporting and fee management systems and the development of a dedicated web site for investors. "It is the fact that this project involves the further development of front- and middle-office systems that is so unusual," said Martin Worner, director of TheCitySecret, in a statement. "Many investment companies outsource their back-office IT requirements, such as setting up prime brokering networks, but bringing in external specialists to develop customized software is, to my knowledge, rare." More

April 3rd 2008: BNY Mellon Asset Servicing, the global leader in securities servicing, has launched a new innovative multilingual reporting solution for institutional clients, beginning with simplified Chinese. Over 2008, the company will add ten more languages including Portuguese, Traditional Chinese, French, Spanish, Italian, German, Dutch, Russian, Japanese, and Korean to facilitate expanded use by its growing multilingual international user base. More

March 18th 2008: Global Custody Solutions of Credit Suisse has been rated "Best Global Custodian 2008" in this year's R&M survey. Credit Suisse not only ranked first among reputable providers of global custody services in Switzerland and abroad, it also improved its overall score significantly over the previous year. This result is based on a global customer survey conducted by the independent, London-based firm R&M Consultants. This annual survey of approximately 900 pension funds, portfolio managers, insurance companies and banks assesses some 40 different criteria in areas such as custody and administration of securities, handling of corporate actions, securities deliveries, securities accounting, performance tracking and client reporting. More

March 17th 2008: CDC Software Announces Pivotal CRM On Demand. CDC Software, a wholly owned subsidiary of CDC Corporation and a provider of industry-specific enterprise software applications and business services, today announced general availability of Pivotal CRM On Demand and the first related industry-specific application, Pivotal CRM On Demand for Institutional Asset Management which has 360-degree view of client relationships, relationship/influence tracking, performance and client reporting. More

March 13th 2008: CorrectNet, a provider of information delivery and reporting applications to many large investment management firms, and ProTrak International, a provider of customer relations software for alternative and traditional investment managers, have unveiled an integrated solution for hedge funds. More

March 12th 2008: Third Financial Software, a technology company focused on delivering software and services solutions to the investment management community, has been set up. The company was founded by Stewart and Roger Foster, owners of private equity group Third Financial Ventures, together with the former Managing Director of Financial Objects Wealth Management Division, Gary Linieres and CTO, Peter Caddick. According to the company, in late 2007 Third Financial Software acquired the intellectual property to a new investment management system, which has provided the foundation for TERCERO, the company's third generation investment management platform. The platform provides integrated Investor Relationship Management, asset management, client reporting and business driven alerts. The solution can reportedly be deployed either as stand-alone components integrated with existing systems, or delivered as a single complete platform. More

March 10th 2008: Advent Study Shows Client Reporting and Compliance Software Lead Rise in Industry Information Technology (IT) Spending. Advent Software, Inc. today released the results of a 2007 Asset Management Operations and Compensation Study, which reveals almost universal increases in 2007 spending, small to mid-size firms generally saw the highest increases in costs. More than two-thirds of firms surveyed expect investment operations spending to increase in 2008. More

March 5th 2008: Rhyme Systems launches hosted model for rhymeSIGHT™ Reporting to Clients. Rhyme Systems, a 3i Infotech company and a leading provider of asset management solutions, today launches a hosted model for rhymeSIGHT™ Reporting to Clients, its standalone next generation client reporting solution. More

March 5th 2008: FundWorks opens North American office in Boston. FundWorks has today announced the opening of its North American office in Boston, MA. The opening of the office will provide local implementation and helpdesk support for existing customers and provide FundWorks with an operational centre to support the continuing strong interest in this market, for FundWorks’ client reporting and communications solutions. More

February 29th 2008: Jupiter Asset Management selects Vermilion Reporting Suite.  Jupiter Asset Management, one of the UK's leading fund management groups, has today confirmed its selection of Vermilion Software’s Client Reporting solution Vermilion Reporting Suite (VRS) for its Institutional business. Jupiter, which manages investments for both private and institutional investors, reviewed the Client Reporting vendor market in detail before selecting Vermilion’s product. More

February 28th 2008: Citisoft Launches New Web Site.  Investment management consulting firm Citisoft this week launched its new web site as part of the firm's global expansion. The site includes information on Citisoft's core offerings, the company and career opportunities, as well as white papers and articles.  Citisoft's new site aims to provide instant access to information on issues concerning the investment management industry such as client reporting, alternative investments, strategic technology development and operations development. More

February 22nd 2008: FundWorks upgrades client reporting and communication platform. FundWorks has announced the release of FundReports6, FundWorks' next generation client reporting and communication platform. FundReports6 significantly improves the business user's ability to manage the overall client reporting production process. From solving anomalies in data quality fundamental to producing accurate output, to enabling straight through report production and distribution with a powerful workflow engine, FundReports6 truly delivers Asset Managers a platform that future proofs their client reporting and communication needs. More

February 21st 2008: Swiss Life Funds AG optimises data consolidation and reporting with DVS from Aquin. Swiss Life Funds AG (Group Swiss Life), a subsidiary of Swiss Life Investment Management Holding AG, Zürich, has successfully implemented Aquin Components' central data management and reporting platform, DVS. The DVS strategic data hub met all their key requirements providing them with comprehensive investment information consolidated within a single, centralised database. More

February 21st 2008: StatPro, the AIM listed provider of portfolio analytics and data solutions for the global asset management industry, today announced the acquisition of Performa Consultants UK Limited (“Performa”), a supplier of software solutions to asset managers for complying with Global Investment Performance Standards (GIPS®). More

February 11th 2008: Netik completes Buyout from The Bank of New York Mellon Corp. and Acquires Capco Reference Data Services with private equity investment from Symphony Technology Group. Netik LLC, a leading financial software company delivering data warehouse solutions for data management and reporting, completed a buyout of the Netik business from The Bank of New York Mellon Corporation and simultaneously acquired Capco Reference Data Services (CRDS) from Capco. The transaction was achieved through a strategic investment by Palo Alto based Symphony Technology Group (STG). More

January 28th 2008: Report Uncovers Inefficiencies and Risks Associated with Spreadsheet Usage. Actuate Corporation (NASDAQ: ACTU), the leader in Performance Management, Business Intelligence and Reporting Applications, today announced the findings of Ventana Research’s recent benchmark report, Requirements for 21st Century Spreadsheets: Uses and misuses of a critical business technology.” The study, co-sponsored by Actuate, analyzes how spreadsheets are used in midsized and large organizations highlights the key issues users face when using spreadsheets and discusses the inefficiencies and business risks spreadsheet errors pose. More 

January 22nd 2008: Client Reporting Is Key, But Still Lacking Resources according to Wall Street & Technology's Melanie Rodier. Client reporting perhaps once was underestimated by asset managers as just another brick in the wall. But firms recently have realized that it absolutely is critical to their success. "Client reports are either the first or second most common reason why people leave a firm," contends Robert Ellis, senior analyst at Boston-based Celent. More

November 30th 2007: Bi-Sam appoints Dr. Ian Thompson as Director, Product and Client Services, for its expanding UK operation. To support the growth of its UK operations, and build a strong client service operation, BI-SAM is pleased to announce that Dr. Ian Thompson, an industry leading expert on global performance measurement and attribution has joined its expanding UK operation. More

November 23rd 2007: Pyrford Selects Vermilion Reporting Suite.  Vermilion the Client Reporting company, announced today that Pyrford International, the Mayfair-based International Investment Manager, has selected Vermilion to fulfil their Client Reporting requirements. Drew Newman, COO of Pyrford, commissioned a detailed independent review of the global Client Reporting software market before selecting the Vermilion Reporting Suite ASP service. Drew noted that “We consider high quality institutional reports as a fundamental part of the bespoke service we provide to our clients.” The Vermilion solution provides Pyrford with a seamless interface for extracting data from their legacy ASP fund accounting and performance systems. More

November 13th 2007: Equipos Limited has announced the appointment of client reporting veteran Alan Hamilton as Chief Executive Officer. An experienced CEO, industry advisor and investor in ICT start-ups, Hamilton has more than 26 years experience in information technology research and development, sales, marketing and business management. Previously UK and EMEA Managing Director of Actuate Software Corporation, a US enterprise reporting solutions company, Hamilton grew UK revenues from $500k to $19.5m over three years. More

October 30th 2007: DeskNet Inc., a leading provider of enterprise customer communications for the financial services industry, today announced that it has entered into a strategic partnership with InvestIt, a UK consultancy. InvestIt is a premiere consultancy group, offering specialized advice, project management, research and recruitment services exclusively to the investment management industry. More

September 24th 2007: Exceeding clients’ expectations, whilst also improving operational cost and efficiency, are prerequisites of any commitment to improve client reporting, according to the findings of a new survey from Skywire Software, the leading client reporting solutions provider. The survey, conducted last month across 28 of the UK’s leading investment management companies, highlighted a number of key market drivers affecting the existing development and delivery of client reports. More