Bonaire Software Solutions, LLC, a leading provider of revenue management and business intelligence solutions to investment managers, mutual funds, wealth managers and capital markets firms, announced that its Revport platform has been selected by Weehawken, NJ-based UBS Financial Services, Inc.
UBS chose Bonaire's REVPORT for its ability to automate fee billing and business intelligence for its product groups under its wealth management division.
The Bonaire solution will deliver on UBS' stated objectives to:
• Lower operating costs and improve efficiency through the replacement of manually intensive and Excel-based billing processes
• Centralize fee-based revenue and accounting data within a single, robust repository
• Empower business-users to address their own reporting requirements through automated tools, thus reducing cost and delivery time
• Provide a tangible, quantifiable return on investment
Another significant partnership for Bonaire, UBS' selection provides further evidence of the confidence the market is placing in REVPORT's functionality.
"We are extremely proud of our relationship with UBS and excited to add another premier wealth management firm to our growing, global client roster," said Christopher John, CEO of Bonaire. "Since 1999, we have built an enviable client base comprising many of the world's leading asset and wealth managers. They recognize our commitment to them and as such, continue to trust our products and services."