26 February 2017
visit nextgenbanking.co.uk

Principal Global Investors deploys Vermilion client reporting suite

16 January 2014  |  1088 views  |  0 Source: Vermilion

Vermilion Software (Vermilion), the award-winning client reporting solutions provider, is pleased to announce Principal Global Investors, provider of specialist boutique funds and asset management solutions tailored to clients' needs, has now gone live with Vermilion Reporting Suite.

The Vermilion solution allows firms to fully automate the full client reporting and communication cycle. Designed to fit into existing and established business processes, it is underpinned by a total process audit feature, satisfying corporate demands for compliance, marketing requirements for branding, and business requirements for timely, accurate and professional reports.

The project was conducted as a partnership with a Vermilion implementation specialist cross-training the marketing team of Principal Global Investors for the purposes of delivering large volumes of multilingual factsheets. The project was delivered in a phased approach and Vermilion was able to provide best practice solutions to assist Principal Global Investors in consolidating reporting components and standardising templates in order to achieve a streamlined month-end process conducted in dramatically tighter time frames.

Commenting on the occasion, Alan Beer, COO of Vermilion Software said, "We are delighted to have implemented Vermilion Reporting Suite at Principal Global Investors and it is great that they are already realising the benefits of a reduction in cost and production timelines, as well as an automated translation service for over six different languages. Principal Global Investors' decision to select Vermilion demonstrates Vermilion's market-leading ability to provide a transparent, proven method of streamlining report production processes and create standard 'end to end' foundations in partnership with the client.

Christopher Reddy, President & COO of Principal Global Investors (Europe) and Head for Glob Marketing added, "We recognised Vermilion's expertise in client communication and the value they offered to our clients through their integrated workflow, quality reports and multilingual translation service.

Principal Global Investors UCITS fund range has experienced strong growth in net inflows over the last few years and we expect to see that growth continue. We e required a system that was scalable for our global multi-boutique business with flexible reporting services. Our factsheets now have a single-style template that allows us to extend the leverage of our data warehouse to provide data consistencies and cost efficiencies. Ultimately, the new style guidelines convey a clear, modern brand image on a global basis.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit Yelloco.co.ukvisit dh.com

Who is commenting?

Top topics

Most viewed Most shared
EBA to relax controversial PSD2 authentication rulesEBA to relax controversial PSD2 authentica...
12812 views comments | 52 tweets | 72 linkedin
RBS to become fintech fund and high street outlet for challenger banks under HMT remedyRBS to become fintech fund and high street...
8594 views comments | 40 tweets | 34 linkedin
BNY Mellon seeks blockchain experts for new emerging biz and tech teamBNY Mellon seeks blockchain experts for ne...
6990 views comments | 7 tweets | 4 linkedin
High rate of defaults hit P2P lending sectorHigh rate of defaults hit P2P lending sect...
6841 views comments | 18 tweets | 13 linkedin
hands typing furiouslyBlockchain Technology
6517 views 1 | 17 tweets | 7 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job