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Rowan Dartington signs for Rhyme Systems' Altimis

17 May 2007  |  2178 views  |  0 Source: Rhyme Systems

Rhyme Systems, a leading provider of asset management solutions, today announces that Rowan Dartington, a growing firm of private client stockbrokers, and part of AIM listed investment bank and stockbroker Blue Oar plc, has signed a five year agreement for Altimis, its stockbroking and private wealth management IT solution.

Altimis is a proven web-enabled system for all aspects of stockbroking and investment management, offering a truly integrated, straight-through approach to the entire dealing and investment process. Altimis functionality includes order management, RSP connectivity, CGT, Crest settlement, performance measurement, client reporting and document warehousing and management. Rhyme will deliver Altimis on an ASP basis to all eight of Rowan Dartington's offices including its newly-formed London office.

Rowan Dartington was established in 1990 and is based in the south of England with eight regional offices. The firm provides bespoke investment management solutions to meet specific financial circumstances and objectives of private clients, charities, trusts, pension funds and off shore investment schemes.

Sarah Tobey, Head of Rowan Dartington Private Clients, said, "With a successful and growing private client business, Rowan Dartington continues to invest in its infrastructure and offer clients 'best in business' solutions to their financial planning needs. Altimis is the right partner for us to help give our clients the quality service they deserve."

Chris Roberts, Finance Director of Rowan Dartington, added, "We chose Altimis because its modern technology and broad functionality will enable us to better service our clients, improve the efficiency of our business and reduce our overall costs. Rhyme was also able to demonstrate its proven ability to provide us with the necessary data migration skills to mitigate the risk of moving from one application to another."

Bob Whigham, Director of Rhyme Systems, added, "We're delighted that Rowan Dartington has joined the growing list of Altimis clients. The deployment of Altimis across all eight of Rowan Dartington's offices demonstrates that the system is easily capable of supporting firms with extensive branch networks."

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